Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Exceeding Expectations: German American Bancorp Achieves Strong Performance and Rewards Investors

Author: Benzinga Insights | November 20, 2023 11:05am

Today, November 20, 2023, German American Bancorp (NASDAQ:GABC) will distribute a dividend payout of $0.25 per share, highlighting an annualized dividend yield of 3.69%. Shareholders who owned the stock before the ex-dividend date on November 09, 2023 will be eligible for this payout.

German American Bancorp Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-09 4 $0.25 3.69% 2023-10-30 2023-11-10 2023-11-20
2023-08-09 4 $0.25 3.46% 2023-07-31 2023-08-10 2023-08-20
2023-05-09 4 $0.25 3.16% 2023-04-24 2023-05-10 2023-05-20
2023-02-09 4 $0.25 2.69% 2023-01-30 2023-02-10 2023-02-20
2022-11-09 4 $0.23 2.35% 2022-10-31 2022-11-10 2022-11-20
2022-08-09 4 $0.23 2.61% 2022-07-25 2022-08-10 2022-08-20
2022-05-09 4 $0.23 2.48% 2022-04-25 2022-05-10 2022-05-20
2022-02-09 4 $0.23 2.35% 2022-01-31 2022-02-10 2022-02-20
2021-11-09 4 $0.21 2.11% 2021-10-25 2021-11-10 2021-11-20
2021-08-09 4 $0.21 2.34% 2021-07-26 2021-08-10 2021-08-20
2021-05-07 4 $0.21 1.9% 2021-04-26 2021-05-10 2021-05-20
2021-02-09 4 $0.21 2.44% 2021-01-25 2021-02-10 2021-02-20

With a dividend yield that places it neither at the top nor the bottom, German American Bancorp finds itself in the middle among its industry peers, while Provident Finl Servs (NYSE:PFS) boasts the highest annualized dividend yield at 6.13%.

Analyzing German American Bancorp Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.68 in 2019 to $0.92 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For German American Bancorp

earning chart graph

Investors can observe a growth in earnings for German American Bancorp from 2019 to 2022, as earnings per share increased from $2.30 to $3.14. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.

Recap

This article delves into the recent dividend payout of German American Bancorp and its implications for shareholders. Presently, the company is distributing a dividend of $0.25 per share, leading to an annualized dividend yield of 3.69%.

With a dividend yield that places it neither at the top nor the bottom, German American Bancorp finds itself in the middle among its industry peers, while Provident Finl Servs boasts the highest annualized dividend yield at 6.13%.

Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, German American Bancorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.

To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.

\To read more news on German American Bancorp click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: GABC PFS

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist