Landmark Bancorp Inc (NASDAQ:LARK) Announces Quarterly Dividend of $0.20

Landmark Bancorp Inc (NASDAQ:LARK) announced a quarterly dividend on Friday, July 31st, Wall Street Journal reports. Investors of record on Wednesday, August 12th will be given a dividend of 0.20 per share by the financial services provider on Wednesday, August 26th. This represents a $0.80 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Tuesday, August 11th.

Landmark Bancorp stock opened at $20.60 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.71 and a quick ratio of 0.70. Landmark Bancorp has a 1-year low of $14.95 and a 1-year high of $27.78. The firm has a market capitalization of $96.93 million, a P/E ratio of 6.56 and a beta of 0.62. The company’s 50-day moving average is $23.10 and its 200 day moving average is $22.98.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.73 earnings per share for the quarter. Landmark Bancorp had a net margin of 24.40% and a return on equity of 13.21%. The company had revenue of $13.46 million for the quarter.

LARK has been the topic of a number of research analyst reports. ValuEngine upgraded shares of Landmark Bancorp from a “strong sell” rating to a “sell” rating in a research note on Monday, July 20th. TheStreet downgraded shares of Landmark Bancorp from a “b” rating to a “c+” rating in a research note on Thursday, July 23rd.

In other news, Director Patrick L. Alexander sold 4,319 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $26.30, for a total transaction of $113,589.70. Following the transaction, the director now directly owns 103,755 shares in the company, valued at $2,728,756.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 18.10% of the stock is currently owned by company insiders.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company offers checking, savings, and money market accounts, as well as certificates of deposit. It also provides various loan products, such as one-to-four family residential real estate, construction and land, commercial real estate, commercial, municipal, and agriculture loans, as well as consumer and other loans, including automobile, boat, home improvement, and home equity loans.

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Dividend History for Landmark Bancorp (NASDAQ:LARK)

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