Bank7 Corp. (BSVN) To Go Ex-Dividend on September 18th

Bank7 Corp. (NASDAQ:BSVNGet Free Report) announced a quarterly dividend on Wednesday, August 19th. Investors of record on Friday, September 18th will be given a dividend of 0.30 per share on Thursday, October 8th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, September 18th. This is a 11.1% increase from Bank7’s previous quarterly dividend of $0.27.

Bank7 has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 5 years. Bank7 has a dividend payout ratio of 29.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Bank7 to earn $4.55 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 26.4%.

Bank7 Stock Down 0.2%

NASDAQ:BSVN opened at $55.13 on Wednesday. The stock has a fifty day simple moving average of $51.70 and a 200 day simple moving average of $46.32. The firm has a market capitalization of $525.39 million, a price-to-earnings ratio of 12.62 and a beta of 0.87. Bank7 has a 1-year low of $38.29 and a 1-year high of $57.67.

Bank7 (NASDAQ:BSVNGet Free Report) last posted its quarterly earnings data on Thursday, July 16th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.16). The firm had revenue of $22.91 million for the quarter, compared to analysts’ expectations of $23.86 million. Bank7 had a return on equity of 16.48% and a net margin of 30.36%. Equities analysts predict that Bank7 will post 4.26 earnings per share for the current year.

Bank7 Company Profile

(Get Free Report)

Bank7 is the principal banking subsidiary of Bank7 Corp., a full-service commercial bank headquartered in Oklahoma City, Oklahoma. The company provides banking services to businesses, professionals and individual customers, with an emphasis on relationship-based commercial banking.

Its products and services include business and personal checking and savings accounts, certificates of deposit, treasury management and other cash-management solutions. Bank7 also offers commercial real estate, commercial and industrial, energy, construction, residential mortgage and consumer loans.

Bank7 primarily serves customers in Oklahoma and selected surrounding markets.

Recommended Stories

Dividend History for Bank7 (NASDAQ:BSVN)

Receive News & Ratings for Bank7 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank7 and related companies with MarketBeat.com's FREE daily email newsletter.