Landmark Bancorp Inc Declares Quarterly Dividend of $0.20 (LARK)

Landmark Bancorp Inc (NASDAQ:LARK) announced a quarterly dividend on Tuesday, October 30th, NASDAQ reports. Investors of record on Wednesday, November 14th will be paid a dividend of 0.20 per share by the financial services provider on Wednesday, November 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Tuesday, November 13th.

Landmark Bancorp has raised its dividend by an average of 1.7% annually over the last three years and has raised its dividend every year for the last 2 years.

Shares of NASDAQ LARK opened at $27.24 on Thursday. Landmark Bancorp has a fifty-two week low of $24.57 and a fifty-two week high of $30.40. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 1.24. The stock has a market cap of $111.56 million, a P/E ratio of 25.48 and a beta of 0.57.

Separately, TheStreet cut shares of Landmark Bancorp from a “b-” rating to a “c+” rating in a research note on Monday, October 1st.

In related news, Chairman Patrick L. Alexander sold 978 shares of Landmark Bancorp stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $29.18, for a total transaction of $28,538.04. Following the transaction, the chairman now directly owns 137,498 shares of the company’s stock, valued at $4,012,191.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Patrick L. Alexander sold 5,486 shares of Landmark Bancorp stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $29.03, for a total value of $159,258.58. Following the transaction, the insider now directly owns 137,498 shares in the company, valued at $3,991,566.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,891 shares of company stock worth $490,996. Company insiders own 22.50% of the company’s stock.

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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 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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