Bank7 Corp. (BSVN) To Go Ex-Dividend on September 19th

Bank7 Corp. (NASDAQ:BSVN) declared a quarterly dividend on Thursday, August 21st, RTT News reports. Shareholders of record on Friday, September 19th will be paid a dividend of 0.27 per share on Sunday, September 7th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, September 19th. This is a 12.5% increase from Bank7’s previous quarterly dividend of $0.24.

Bank7 has a dividend payout ratio of 23.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Bank7 to earn $4.12 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 23.3%.

Bank7 Stock Up 5.7%

Shares of BSVN stock opened at $48.90 on Friday. Bank7 has a 12 month low of $32.49 and a 12 month high of $50.26. The business’s 50 day moving average is $44.20 and its two-hundred day moving average is $40.66. The company has a market cap of $462.11 million, a PE ratio of 10.54 and a beta of 1.13.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Thursday, July 17th. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.98 by $0.18. Bank7 had a return on equity of 20.36% and a net margin of 31.99%.The company had revenue of $24.44 million for the quarter, compared to the consensus estimate of $22.70 million. As a group, equities analysts expect that Bank7 will post 4.06 EPS for the current fiscal year.

Bank7 Company Profile

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.