Great Southern Bancorp Delivers Strong Performance and Growing Profits, Elevating Investor Returns
At the end of January 17, 2024, Great Southern Bancorp (NASDAQ:GSBC) will reward its shareholders with a dividend payout of $0.40 per share, demonstrating an annualized dividend yield of 2.67%. Remember, only investors who held the stock before the ex-dividend date on December 29, 2023 will receive this payout.
Great Southern Bancorp Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-29 | 4 | $0.4 | 2.67% | 2023-12-20 | 2024-01-02 | 2024-01-17 |
| 2023-09-29 | 4 | $0.4 | 3.28% | 2023-09-20 | 2023-10-02 | 2023-10-17 |
| 2023-06-30 | 4 | $0.4 | 3.04% | 2023-06-21 | 2023-07-03 | 2023-07-18 |
| 2023-03-24 | 4 | $0.4 | 2.95% | 2023-03-15 | 2023-03-27 | 2023-04-11 |
| 2022-12-30 | 4 | $0.4 | 2.74% | 2022-12-21 | 2023-01-03 | 2023-01-18 |
| 2022-09-30 | 4 | $0.4 | 2.63% | 2022-09-21 | 2022-10-03 | 2022-10-18 |
| 2022-06-24 | 4 | $0.4 | 2.8% | 2022-06-15 | 2022-06-27 | 2022-07-12 |
| 2022-03-25 | 4 | $0.36 | 2.38% | 2022-03-16 | 2022-03-28 | 2022-04-11 |
| 2021-12-23 | 4 | $0.36 | 2.48% | 2021-12-15 | 2021-12-27 | 2022-01-11 |
| 2021-09-24 | 4 | $0.36 | 2.78% | 2021-09-15 | 2021-09-27 | 2021-10-12 |
| 2021-06-25 | 4 | $0.34 | 2.43% | 2021-06-16 | 2021-06-28 | 2021-07-13 |
| 2021-03-26 | 4 | $0.34 | 2.37% | 2021-03-17 | 2021-03-29 | 2021-04-13 |
When comparing Great Southern Bancorp's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Eagle Bancorp (NASDAQ:EGBN) having the highest annualized dividend yield at 6.72%.
Analyzing Great Southern Bancorp Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2021 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.40 to $1.60, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Great Southern Bancorp
The earnings chart above shows that from 2021 to 2023, Great Southern Bancorp has experienced an increase in their earnings from $4.17 per share to $6.36 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article takes an in-depth look at Great Southern Bancorp's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.40 per share today, translating to an annualized dividend yield of 2.67%.
When comparing Great Southern Bancorp's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Eagle Bancorp having the highest annualized dividend yield at 6.72%.
The increase in both dividend per share and earnings per share from 2021 to 2023 for Great Southern Bancorp indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.