Great Southern Bancorp Delivers Strong Performance and Growing Profits, Elevating Investor Returns
Portfolio Pulse from Benzinga Insights
Great Southern Bancorp (NASDAQ:GSBC) is set to distribute a dividend of $0.40 per share on January 17, 2024, with an annualized yield of 2.67%. The ex-dividend date was December 29, 2023. The company has shown a positive trend with dividend per share growth from $1.40 to $1.60 between 2021 and 2023, and earnings per share growth from $4.17 to $6.36 over the same period. This suggests a strong financial health and potential for continued profit distribution to shareholders. Eagle Bancorp (NASDAQ:EGBN) has the highest annualized dividend yield among peers at 6.72%.
January 17, 2024 | 3:05 pm
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NEUTRAL IMPACT
Eagle Bancorp has the highest annualized dividend yield among its peers at 6.72%, which may attract income-seeking investors.
While EGBN is mentioned as having a higher dividend yield than GSBC, there is no specific news about EGBN's financials or dividend changes. Therefore, the impact on EGBN's stock price is likely neutral in the short term, but its high yield could keep it on investors' radar.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Great Southern Bancorp is rewarding shareholders with a $0.40/share dividend, reflecting a positive trend in dividend and earnings growth.
The consistent increase in dividends and earnings per share over the past years indicates a robust financial position for GSBC, which is likely to be viewed positively by investors. This could lead to a short-term increase in stock price as the market reacts to the company's strong performance and commitment to returning value to shareholders.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100