Landmark Bancorp Inc (LARK) to Issue Quarterly Dividend of $0.20 on March 6th

Landmark Bancorp Inc (NASDAQ:LARK) announced a quarterly dividend on Thursday, January 31st, Wall Street Journal reports. Investors of record on Wednesday, February 20th will be paid a dividend of 0.20 per share by the financial services provider on Wednesday, March 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Tuesday, February 19th. This is an increase from Landmark Bancorp’s previous quarterly dividend of $0.19.

Landmark Bancorp has increased its dividend by an average of 1.7% per year over the last three years and has raised its dividend every year for the last 3 years.

Shares of LARK opened at $23.10 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.66 and a quick ratio of 0.65. The company has a market cap of $101.19 million, a P/E ratio of 10.09 and a beta of 0.45. Landmark Bancorp has a 12 month low of $21.00 and a 12 month high of $29.48.

In other news, Director Richard Ball acquired 1,188 shares of Landmark Bancorp stock in a transaction on Wednesday, December 19th. The stock was acquired at an average cost of $22.39 per share, with a total value of $26,599.32. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have purchased 15,000 shares of company stock valued at $337,129 over the last ninety days. 22.50% of the stock is currently owned by company insiders.

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Landmark Bancorp Company Profile

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company accepts various deposits comprising non-interest bearing demand deposits, money market and checking accounts, savings accounts, and certificates of deposit.

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Dividend History for Landmark Bancorp (NASDAQ:LARK)

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