Great Southern Bancorp, Inc. (GSBC) to Issue Quarterly Dividend of $0.40 on April 14th

Great Southern Bancorp, Inc. (NASDAQ:GSBC) declared a quarterly dividend on Wednesday, March 19th, RTT News reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.40 per share by the financial services provider on Monday, April 14th. This represents a $1.60 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Monday, March 31st.

Great Southern Bancorp has raised its dividend by an average of 4.6% per year over the last three years. Great Southern Bancorp has a payout ratio of 30.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Great Southern Bancorp to earn $5.33 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 30.0%.

Great Southern Bancorp Stock Performance

GSBC opened at $57.14 on Friday. The business’s 50-day moving average price is $58.71 and its two-hundred day moving average price is $59.52. Great Southern Bancorp has a 1 year low of $49.74 and a 1 year high of $68.02. The company has a market capitalization of $662.71 million, a price-to-earnings ratio of 10.86 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. Equities analysts expect that Great Southern Bancorp will post 5.24 EPS for the current fiscal year.

Insider Buying and Selling at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 5,000 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the transaction, the vice president now owns 14 shares of the company’s stock, valued at $840.28. This represents a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 27.60% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler cut their target price on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a research note on Thursday, January 23rd.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.