Great Southern Bancorp, Inc. (GSBC) To Go Ex-Dividend on July 1st

Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced a quarterly dividend on Thursday, June 20th, Zacks reports. Stockholders of record on Monday, July 1st will be paid a dividend of 0.40 per share by the financial services provider on Tuesday, July 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date is Monday, July 1st.

Great Southern Bancorp has raised its dividend payment by an average of 5.6% per year over the last three years. Great Southern Bancorp has a payout ratio of 32.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Great Southern Bancorp to earn $4.95 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 32.3%.

Great Southern Bancorp Stock Up 3.7 %

GSBC stock opened at $55.61 on Friday. The firm has a fifty day moving average price of $52.60 and a two-hundred day moving average price of $53.54. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.94 and a quick ratio of 0.94. Great Southern Bancorp has a 1-year low of $45.66 and a 1-year high of $61.94. The firm has a market cap of $648.41 million, a price-to-earnings ratio of 10.93 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, April 17th. The financial services provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.09. The company had revenue of $51.62 million during the quarter, compared to the consensus estimate of $52.26 million. Great Southern Bancorp had a return on equity of 10.97% and a net margin of 18.31%. Research analysts predict that Great Southern Bancorp will post 4.79 EPS for the current year.

Insider Transactions at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 625 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $53.60, for a total transaction of $33,500.00. Following the completion of the transaction, the vice president now directly owns 13 shares in the company, valued at $696.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 27.60% of the company’s stock.

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.