QCR Holdings, Inc. (NASDAQ:QCRH) Plans Quarterly Dividend of $0.15

QCR Holdings, Inc. (NASDAQ:QCRH) declared a quarterly dividend on Monday, August 24th. Investors of record on Friday, September 18th will be given a dividend of 0.15 per share by the bank on Monday, October 5th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, September 18th. This is a 50.0% increase from QCR’s previous quarterly dividend of $0.10.

QCR has a dividend payout ratio of 5.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect QCR to earn $8.94 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 4.5%.

QCR Trading Down 0.3%

Shares of NASDAQ QCRH traded down $0.33 on Monday, reaching $100.90. 144,343 shares of the company traded hands, compared to its average volume of 110,848. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $1.65 billion, a PE ratio of 11.93 and a beta of 0.74. QCR has a fifty-two week low of $66.65 and a fifty-two week high of $108.11. The company has a 50 day moving average of $99.50 and a 200 day moving average of $92.93.

QCR (NASDAQ:QCRH) last announced its quarterly earnings results on Wednesday, July 22nd. The bank reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.28. The company had revenue of $97.34 million for the quarter, compared to analyst estimates of $104.10 million. QCR had a net margin of 22.86% and a return on equity of 12.87%. On average, equities research analysts forecast that QCR will post 8.5 earnings per share for the current fiscal year.

About QCR

QCR Holdings, Inc, headquartered in Moline, Illinois, is a bank holding company that delivers community banking services through its wholly owned subsidiary, QCR Bank. The company focuses on serving individuals, small to medium-sized businesses and municipal clients in select Midwestern markets.

QCR Bank offers a broad array of deposit and lending products, including personal and business checking and savings accounts, commercial real estate loans, equipment financing, mortgage lending and treasury management solutions.