Great Southern Bancorp, Inc. Announces Quarterly Dividend of $0.40 (NASDAQ:GSBC)

Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced a quarterly dividend on Thursday, June 20th, Zacks reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.40 per share by the financial services provider on Tuesday, July 16th. This represents a $1.60 annualized dividend and a yield of 2.88%. The ex-dividend date is Monday, July 1st.

Great Southern Bancorp has increased its dividend by an average of 5.6% per year over the last three years. Great Southern Bancorp has a dividend payout ratio of 32.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Great Southern Bancorp to earn $4.95 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 32.3%.

Great Southern Bancorp Trading Up 3.7 %

Shares of NASDAQ GSBC opened at $55.61 on Friday. The stock’s 50 day moving average price is $52.60 and its two-hundred day moving average price is $53.53. Great Southern Bancorp has a 52-week low of $45.66 and a 52-week high of $61.94. The stock has a market capitalization of $648.41 million, a P/E ratio of 10.93 and a beta of 0.65. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.09. The business had revenue of $51.62 million for the quarter, compared to the consensus estimate of $52.26 million. Great Southern Bancorp had a return on equity of 10.97% and a net margin of 18.31%. On average, analysts anticipate that Great Southern Bancorp will post 4.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, VP Kevin L. Baker sold 625 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $53.60, for a total value of $33,500.00. Following the sale, the vice president now owns 13 shares of the company’s stock, valued at approximately $696.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 27.60% of the company’s stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides 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.