German American Bancorp, Inc. (NASDAQ:GABC – Get Free Report) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Monday, August 10th will be paid a dividend of 0.31 per share by the bank on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 10th.
German American Bancorp has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. German American Bancorp has a dividend payout ratio of 34.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect German American Bancorp to earn $3.94 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 31.5%.
German American Bancorp Stock Up 0.8%
NASDAQ:GABC opened at $48.83 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 13.53 and a beta of 0.59. German American Bancorp has a one year low of $36.56 and a one year high of $49.39. The stock has a 50-day simple moving average of $45.87 and a 200 day simple moving average of $43.43.
German American Bancorp Company Profile
German American Bancorp, Inc operates as a bank holding company headquartered in Jasper, Indiana. Through its principal subsidiary, German American Bank, it delivers a range of community banking services tailored to individuals, small-to-medium enterprises and agricultural clients. The company’s core offerings include traditional deposit accounts—such as checking, savings and certificates of deposit—alongside residential mortgage and home equity lending products.
On the commercial side, German American Bancorp provides a variety of financing solutions, including term loans, lines of credit and commercial real estate financing.
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