SPRINGFIELD, Mo. - The directors of Great Southern Bancorp, Inc. (NASDAQ:GSBC) revealed the payment of a quarterly dividend of $0.40 per common share. This dividend, which is part of the first quarter of 2024, is scheduled to be distributed on April 16, 2024, to shareholders who are on record as of April 2, 2024.
The upcoming dividend marks the 137th consecutive quarterly distribution to Great Southern Bancorp's common stockholders. The company, with total assets valued at $5.8 billion, provides a variety of banking services to both commercial and consumer clients.
Great Southern Bancorp, headquartered in Springfield, Missouri, maintains a network of 89 retail banking centers across Missouri, Iowa, Kansas, Minnesota, Arkansas, and Nebraska. Additionally, it has commercial loan production offices in several major cities including Atlanta, Charlotte, Chicago, Dallas, Denver, Omaha, and Phoenix.
The company's stock is publicly traded on the NASDAQ Global Select Market under the ticker GSBC.
This announcement is based on a press release statement from Great Southern Bancorp, Inc.
InvestingPro Insights
As Great Southern Bancorp, Inc. (NASDAQ:GSBC) announces its 137th consecutive quarterly dividend, a look at the company's financial health is essential for investors. According to InvestingPro data, GSBC currently has a market capitalization of approximately $599.64 million, indicating a stable mid-sized financial entity within the banking sector. The company's P/E ratio stands at a modest 9.08, with an adjusted ratio of 8.88 based on the last twelve months as of Q4 2023, suggesting a reasonable valuation compared to earnings.
An InvestingPro Tip points out that GSBC has maintained dividend payments for 34 consecutive years, showcasing a commitment to returning value to shareholders. Additionally, despite analysts expecting a drop in net income this year, they also predict that the company will remain profitable. With a solid track record of profitability over the last twelve months, this insight could reassure investors of the company's ability to sustain its dividend payments.
InvestingPro also highlights that GSBC has a dividend yield of 3.12% as of the latest data, which is competitive within the industry, especially for income-focused investors. The next earnings date is set for April 17, 2024, which will provide further clarity on the company's performance and future outlook.
For those seeking more detailed analysis and additional InvestingPro Tips, there are 5 more tips available for GSBC at Investing.com/pro/GSBC. To enhance your investment research experience, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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