Great Southern Bancorp, Inc. Announces Quarterly Dividend of $0.34 (NASDAQ:GSBC)

Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced a quarterly dividend on Thursday, June 18th, Wall Street Journal reports. Stockholders of record on Monday, June 29th will be given a dividend of 0.34 per share by the financial services provider on Tuesday, July 14th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend is Friday, June 26th.

Great Southern Bancorp has increased its dividend by an average of 428.0% annually over the last three years and has raised its dividend every year for the last 6 years. Great Southern Bancorp has a dividend payout ratio of 41.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Great Southern Bancorp to earn $3.05 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 44.6%.

GSBC stock opened at $39.07 on Thursday. The stock has a market capitalization of $550.28 million, a P/E ratio of 7.91 and a beta of 1.04. The firm has a 50-day simple moving average of $39.64 and a 200-day simple moving average of $48.89. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.16. Great Southern Bancorp has a 52 week low of $32.23 and a 52 week high of $64.48.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Tuesday, April 21st. The financial services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.09. The business had revenue of $52.31 million during the quarter, compared to analysts’ expectations of $50.87 million. Great Southern Bancorp had a net margin of 26.64% and a return on equity of 11.88%. On average, analysts expect that Great Southern Bancorp will post 3.3 earnings per share for the current year.

A number of equities analysts recently weighed in on the stock. TheStreet lowered shares of Great Southern Bancorp from a “b-” rating to a “c” rating in a research report on Monday, April 20th. ValuEngine lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, April 7th. Zacks Investment Research lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, June 16th. Finally, BidaskClub upgraded shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.

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Dividend History for Great Southern Bancorp (NASDAQ:GSBC)

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