Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) declared a quarterly dividend on Monday, June 29th, Wall Street Journal reports. Investors of record on Tuesday, July 7th will be paid a dividend of 0.15 per share by the financial services provider on Friday, July 17th. This represents a $0.60 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Monday, July 6th.
Guaranty Federal Bancshares has increased its dividend payment by an average of 36.8% annually over the last three years and has raised its dividend every year for the last 5 years. Guaranty Federal Bancshares has a dividend payout ratio of 70.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Guaranty Federal Bancshares to earn $0.32 per share next year, which means the company may not be able to cover its $0.60 annual dividend with an expected future payout ratio of 187.5%.
GFED opened at $15.85 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.93 and a current ratio of 0.94. The stock has a market capitalization of $69.20 million, a PE ratio of 7.44 and a beta of 0.58. The stock’s 50 day moving average price is $14.94 and its 200-day moving average price is $19.45. Guaranty Federal Bancshares has a 52-week low of $12.70 and a 52-week high of $26.93.
Several analysts recently weighed in on the company. Zacks Investment Research upgraded Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research note on Monday. Raymond James downgraded Guaranty Federal Bancshares from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 17th. TheStreet downgraded Guaranty Federal Bancshares from a “b-” rating to a “c+” rating in a report on Thursday, March 26th. Finally, ValuEngine raised Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research report on Monday, June 1st.
Guaranty Federal Bancshares Company Profile
Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides a range of banking and mortgage services to individual and corporate customers in southwest Missouri. The company's deposit products include checking accounts, money market accounts, savings accounts, fixed-term certificates of deposit, and individual retirement accounts, as well as demand deposits and NOW accounts.
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