Landmark Bancorp Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures
Portfolio Pulse from Benzinga Insights
Landmark Bancorp (NASDAQ:LARK) is set to pay a dividend of $0.21 per share on September 06, 2023, with an annualized dividend yield of 3.98%. The company has seen an increase in dividend per share from $0.80 in 2019 to $0.84 in 2022, despite a decrease in earnings per share from $3.25 in 2019 to $2.25 in 2022. Landmark Bancorp's dividend yield is mid-range compared to its industry peers, with Territorial Bancorp (NASDAQ:TBNK) having the highest annualized dividend yield at 9.20%.
September 06, 2023 | 3:05 pm
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NEUTRAL IMPACT
Landmark Bancorp has increased its dividend per share despite a decrease in earnings per share. The company's dividend yield is mid-range compared to its industry peers.
While the increase in dividend per share is a positive sign for investors, the decrease in earnings per share could potentially impact future cash dividend payouts. This makes the short-term impact on the stock price neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Territorial Bancorp has the highest annualized dividend yield among Landmark Bancorp's industry peers at 9.20%.
The news mentions Territorial Bancorp in comparison to Landmark Bancorp's dividend yield. While it has the highest yield among peers, there's no specific news about the company itself, hence the neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50