QCR Holdings, Inc. (QCRH) to Issue Quarterly Dividend of $0.10 on July 3rd

QCR Holdings, Inc. (NASDAQ:QCRH) announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.10 per share by the bank on Friday, July 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 18th.

QCR has a payout ratio of 5.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect QCR to earn $8.68 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 4.6%.

QCR Stock Performance

Shares of NASDAQ QCRH opened at $94.71 on Tuesday. The company has a current ratio of 0.96, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37. QCR has a 12 month low of $63.68 and a 12 month high of $97.25. The company has a 50 day simple moving average of $91.10 and a two-hundred day simple moving average of $88.12. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 11.87 and a beta of 0.76.

QCR (NASDAQ:QCRH) last released its quarterly earnings data on Wednesday, April 22nd. The bank reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.21. QCR had a net margin of 21.98% and a return on equity of 12.54%. The firm had revenue of $89.52 million for the quarter, compared to analyst estimates of $105.42 million. As a group, analysts predict that QCR will post 8.13 earnings per share for the current year.

QCR Company Profile

QCR Holdings, Inc, headquartered in Moline, Illinois, is a bank holding company that delivers community banking services through its wholly owned subsidiary, QCR Bank. The company focuses on serving individuals, small to medium-sized businesses and municipal clients in select Midwestern markets.

QCR Bank offers a broad array of deposit and lending products, including personal and business checking and savings accounts, commercial real estate loans, equipment financing, mortgage lending and treasury management solutions.