Landmark Bancorp Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures
Investors eagerly anticipate the dividend payout from Landmark Bancorp (NASDAQ:LARK) on September 06, 2023. With a payout of $0.21 per share and an annualized dividend yield of 3.98%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on August 22, 2023
Landmark Bancorp Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-22 | 4 | $0.21 | 3.98% | 2023-08-08 | 2023-08-23 | 2023-09-06 |
| 2023-05-16 | 4 | $0.21 | 4.1% | 2023-05-02 | 2023-05-17 | 2023-05-31 |
| 2023-05-16 | 4 | $0.21 | 4.1% | 2023-05-02 | 2023-05-17 | 2023-05-31 |
| 2023-02-14 | 4 | $0.21 | 3.78% | 2023-01-31 | 2023-02-15 | 2023-03-01 |
| 2022-11-15 | 4 | $0.21 | 3.22% | 2022-11-02 | 2022-11-16 | 2022-11-30 |
| 2022-08-09 | 4 | $0.21 | 3.31% | 2022-07-26 | 2022-08-10 | 2022-08-24 |
| 2022-05-10 | 4 | $0.21 | 3.24% | 2022-04-27 | 2022-05-11 | 2022-05-25 |
| 2022-02-15 | 4 | $0.21 | 2.95% | 2022-02-01 | 2022-02-16 | 2022-03-02 |
| 2021-11-09 | 4 | $0.2 | 2.83% | 2021-10-27 | 2021-11-10 | 2021-11-24 |
| 2021-08-10 | 4 | $0.2 | 2.87% | 2021-07-27 | 2021-08-11 | 2021-08-25 |
| 2021-05-18 | 4 | $0.2 | 3.22% | 2021-05-04 | 2021-05-19 | 2021-06-02 |
| 2021-02-16 | 4 | $0.2 | 3.15% | 2021-02-02 | 2021-02-17 | 2021-03-03 |
When comparing Landmark Bancorp's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Territorial Bancorp (NASDAQ:TBNK) having the highest annualized dividend yield at 9.20%.
Analyzing Landmark 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
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.80 to $0.84, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Landmark Bancorp
The earnings chart displays a decline in Landmark Bancorp's earnings per share, decreasing from $3.25 in 2019 to $2.25 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article delves into the recent dividend payout of Landmark Bancorp and its implications for shareholders. Presently, the company is distributing a dividend of $0.21 per share, leading to an annualized dividend yield of 3.98%.
When comparing Landmark Bancorp's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Territorial Bancorp having the highest annualized dividend yield at 9.20%.
Given that Landmark Bancorp has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Landmark Bancorp's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.