Landmark Bancorp Inc (LARK) Declares $0.20 Quarterly Dividend

Landmark Bancorp Inc (NASDAQ:LARK) announced a quarterly dividend on Tuesday, April 30th, NASDAQ reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.20 per share by the financial services provider on Wednesday, May 29th. This represents a $0.80 annualized dividend and a yield of 3.16%. The ex-dividend date is Tuesday, May 14th.

Landmark Bancorp has raised its dividend by an average of 1.7% annually over the last three years and has raised its dividend annually for the last 3 consecutive years.

NASDAQ LARK opened at $25.30 on Monday. Landmark Bancorp has a fifty-two week low of $21.00 and a fifty-two week high of $29.48. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.63 and a quick ratio of 0.62. The company has a market capitalization of $110.40 million, a price-to-earnings ratio of 11.00 and a beta of 0.49.

In other Landmark Bancorp news, Director Patrick L. Alexander sold 4,378 shares of the stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $23.10, for a total value of $101,131.80. Following the completion of the sale, the director now owns 144,373 shares in the company, valued at approximately $3,335,016.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 18.10% of the company’s stock.

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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 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.

Further Reading: Asset Allocation, Balancing Your Investments

Dividend History for Landmark Bancorp (NASDAQ:LARK)

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