Great Southern Bancorp, Inc. (NASDAQ:GSBC) Plans $0.40 Quarterly Dividend

Great Southern Bancorp, Inc. (NASDAQ:GSBC) declared a quarterly dividend on Wednesday, March 19th, RTT News reports. Investors of record on Monday, March 31st will be given a dividend of 0.40 per share by the financial services provider on Monday, April 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.76%.

Great Southern Bancorp has raised its dividend by an average of 4.6% per year over the last three years. Great Southern Bancorp has a dividend payout ratio of 30.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Great Southern Bancorp to earn $5.33 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 30.0%.

Great Southern Bancorp Stock Performance

GSBC opened at $57.93 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The company has a market cap of $671.87 million, a price-to-earnings ratio of 11.01 and a beta of 0.62. The company’s 50 day moving average is $58.74 and its 200 day moving average is $59.54. Great Southern Bancorp has a 12-month low of $49.74 and a 12-month high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. On average, equities research analysts predict that Great Southern Bancorp will post 5.24 EPS for the current year.

Analyst Ratings Changes

Separately, Piper Sandler dropped their target price on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd.

Insider Transactions at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of the stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the sale, the vice president now owns 14 shares in the company, valued at approximately $840.28. This trade represents a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 27.60% of the company’s stock.

Great Southern Bancorp Company Profile

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.