Landmark Bancorp, Inc. (LARK) to Issue Quarterly Dividend of $0.21 on September 4th

Landmark Bancorp, Inc. (NASDAQ:LARK) announced a quarterly dividend on Monday, August 5th, Zacks reports. Stockholders of record on Wednesday, August 21st will be given a dividend of 0.21 per share by the financial services provider on Wednesday, September 4th. This represents a $0.84 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend is Wednesday, August 21st.

Landmark Bancorp has raised its dividend payment by an average of 6.7% annually over the last three years and has raised its dividend annually for the last 5 consecutive years.

Landmark Bancorp Stock Performance

NASDAQ:LARK remained flat at $20.00 during trading hours on Wednesday. 170 shares of the company were exchanged, compared to its average volume of 3,262. The company has a market capitalization of $109.48 million, a price-to-earnings ratio of 9.30 and a beta of 0.44. The firm’s 50-day moving average price is $19.61 and its 200-day moving average price is $19.58. Landmark Bancorp has a one year low of $15.70 and a one year high of $21.78. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.76 and a quick ratio of 0.75.

Insider Activity

In related news, Director Angela S. Hurt bought 4,232 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average price of $19.25 per share, with a total value of $81,466.00. Following the purchase, the director now owns 4,727 shares of the company’s stock, valued at approximately $90,994.75. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 17.20% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Landmark Bancorp in a research report on Friday, August 2nd. They issued a “hold” rating on the stock.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also provides one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.