Landmark Bancorp, Inc. (NASDAQ:LARK) Raises Dividend to $0.21 Per Share

Posted by Kyle Jackson on Feb 5th, 2025

Landmark Bancorp, Inc. (NASDAQ:LARK – Get Free Report) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Wednesday, February 19th will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, March 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Wednesday, February 19th. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.20.

Landmark Bancorp has increased its dividend payment by an average of 6.7% annually over the last three years.

Landmark Bancorp Price Performance

LARK traded up $0.62 on Wednesday, hitting $24.36. 3,484 shares of the company were exchanged, compared to its average volume of 4,251. The business’s fifty day moving average is $24.05 and its 200 day moving average is $21.82. The firm has a market capitalization of $140.77 million, a P/E ratio of 11.32 and a beta of 0.46. Landmark Bancorp has a fifty-two week low of $17.05 and a fifty-two week high of $25.25. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80.

Landmark Bancorp (NASDAQ:LARK – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.48%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a report on Sunday. They set a “hold” rating for the company.

Get Our Latest Stock Report on LARK

Landmark Bancorp Company Profile

(Get Free Report)

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.