Landmark Bancorp Inc. (LARK) to Issue Quarterly Dividend of $0.21 on May 28th

Landmark Bancorp Inc. (NASDAQ:LARK) announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Thursday, May 14th will be given a dividend of 0.21 per share by the financial services provider on Thursday, May 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Thursday, May 14th.

Landmark Bancorp has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 6 consecutive years.

Landmark Bancorp Stock Down 3.2%

LARK stock opened at $26.52 on Friday. Landmark Bancorp has a 52-week low of $22.31 and a 52-week high of $29.52. The company’s 50 day simple moving average is $26.28 and its 200-day simple moving average is $26.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $161.72 million, a P/E ratio of 8.49 and a beta of 0.33.

Landmark Bancorp (NASDAQ:LARK) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. Landmark Bancorp had a net margin of 19.67% and a return on equity of 12.35%. The business had revenue of $18.79 million for the quarter.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its stake in Landmark Bancorp by 55.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,103 shares of the financial services provider’s stock valued at $29,000 after buying an additional 392 shares during the period. Jones Financial Companies Lllp increased its stake in Landmark Bancorp by 341.5% in the 1st quarter. Jones Financial Companies Lllp now owns 2,000 shares of the financial services provider’s stock valued at $54,000 after buying an additional 1,547 shares during the period. JPMorgan Chase & Co. increased its stake in Landmark Bancorp by 8,612.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,178 shares of the financial services provider’s stock valued at $58,000 after buying an additional 2,153 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Landmark Bancorp in the 2nd quarter valued at approximately $66,000. Finally, New York State Common Retirement Fund acquired a new position in Landmark Bancorp in the 2nd quarter valued at approximately $108,000. Institutional investors and hedge funds own 25.66% of the company’s stock.

About Landmark Bancorp

Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.

In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.