Guaranty Federal Bancshares, Inc. Announces Quarterly Dividend of $0.15 (NASDAQ:GFED)

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.

Guaranty Federal Bancshares (NASDAQ:GFED) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.08. Guaranty Federal Bancshares had a net margin of 17.88% and a return on equity of 11.20%. The company had revenue of $9.81 million for the quarter, compared to analysts’ expectations of $9.00 million. Research analysts forecast that Guaranty Federal Bancshares will post 0.77 EPS for the current fiscal year.

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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Dividend History for Guaranty Federal Bancshares (NASDAQ:GFED)

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