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

Great Southern Bancorp, Inc. (NASDAQ:GSBC) announced a quarterly dividend on Wednesday, March 19th, RTT News reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.40 per share by the financial services provider on Monday, April 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.76%.

Great Southern Bancorp has increased its dividend payment by an average of 4.6% per year over the last three years. Great Southern Bancorp has a dividend payout ratio of 30.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Great Southern Bancorp to earn $5.33 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 30.0%.

Great Southern Bancorp Trading Up 0.8 %

Shares of GSBC stock opened at $57.93 on Thursday. Great Southern Bancorp has a 1 year low of $49.74 and a 1 year high of $68.02. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The stock’s 50 day simple moving average is $58.74 and its two-hundred day simple moving average is $59.54. The company has a market cap of $671.87 million, a PE ratio of 11.01 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. Research analysts predict that Great Southern Bancorp will post 5.24 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Piper Sandler decreased their price objective on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating on the stock in a research report on Thursday, January 23rd.

Insider Activity

In other news, VP Kevin L. Baker sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $60.02, for a total transaction of $300,100.00. Following the transaction, the vice president now owns 14 shares of the company’s stock, valued at approximately $840.28. This represents a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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.