Landmark Bancorp, Inc. (NASDAQ:LARK) Announces $0.21 Quarterly Dividend

Landmark Bancorp, Inc. (NASDAQ:LARK) announced a quarterly dividend on Monday, August 5th, Zacks reports. Shareholders of record on Wednesday, August 21st will be paid a dividend of 0.21 per share by the financial services provider on Wednesday, September 4th. This represents a $0.84 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Wednesday, August 21st.

Landmark Bancorp has increased its dividend by an average of 6.7% annually over the last three years and has increased its dividend every year for the last 5 years.

Landmark Bancorp Price Performance

Shares of Landmark Bancorp stock opened at $20.69 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.76 and a quick ratio of 0.75. Landmark Bancorp has a fifty-two week low of $15.70 and a fifty-two week high of $21.78. The firm has a fifty day moving average price of $19.67 and a two-hundred day moving average price of $19.50. The company has a market cap of $113.26 million, a PE ratio of 9.76 and a beta of 0.44.

Wall Street Analyst Weigh In

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

About Landmark Bancorp

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.