Great Southern Bancorp, Inc. (NASDAQ:GSBC) Announces Quarterly Dividend of $0.43

Great Southern Bancorp, Inc. (NASDAQ:GSBC) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Monday, September 28th will be given a dividend of 0.43 per share by the financial services provider on Wednesday, October 14th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, September 28th.

Great Southern Bancorp has decreased its dividend payment by an average of 0.1%per year over the last three years. Great Southern Bancorp has a payout ratio of 32.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Great Southern Bancorp to earn $5.60 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 30.7%.

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $79.15 on Thursday. Great Southern Bancorp has a twelve month low of $53.76 and a twelve month high of $82.91. The company has a market cap of $862.74 million, a PE ratio of 13.15 and a beta of 0.48. The business’s 50 day moving average price is $79.48 and its two-hundred day moving average price is $72.60. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.19. The business had revenue of $56.87 million during the quarter, compared to the consensus estimate of $55.26 million. Great Southern Bancorp had a return on equity of 10.83% and a net margin of 20.72%. On average, analysts predict that Great Southern Bancorp will post 5.99 EPS for the current year.

Insider Activity

In other news, Director Julie Brown sold 851 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $81.00, for a total transaction of $68,931.00. Following the completion of the transaction, the director owned 7,052 shares of the company’s stock, valued at approximately $571,212. The trade was a 10.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 29.75% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its holdings in Great Southern Bancorp by 24.8% during the first quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider’s stock worth $83,000 after buying an additional 260 shares during the last quarter. Lazard Asset Management LLC lifted its position in Great Southern Bancorp by 1.9% in the 1st quarter. Lazard Asset Management LLC now owns 16,231 shares of the financial services provider’s stock valued at $1,025,000 after acquiring an additional 308 shares in the last quarter. Inspire Investing LLC boosted its stake in Great Southern Bancorp by 7.6% during the 1st quarter. Inspire Investing LLC now owns 8,136 shares of the financial services provider’s stock valued at $514,000 after purchasing an additional 572 shares during the last quarter. Quantbot Technologies LP bought a new stake in Great Southern Bancorp during the 2nd quarter worth approximately $71,000. Finally, Sarver Vrooman Wealth Advisors purchased a new stake in shares of Great Southern Bancorp in the fourth quarter worth approximately $77,000. Institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is the bank holding company for Great Southern Bank, a full-service financial institution headquartered in Springfield, Missouri. Great Southern Bank traces its history to 1923 and operates as a community-oriented bank serving individuals, families, businesses and commercial customers.

The bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, along with residential mortgage, commercial real estate, construction, business and consumer lending.