Guaranty Federal Bancshares, Inc. Declares Quarterly Dividend of $0.13 (GFED)

Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) announced a quarterly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 9th will be paid a dividend of 0.13 per share by the financial services provider on Friday, April 19th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Monday, April 8th.

Guaranty Federal Bancshares has raised its dividend by an average of 33.9% annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Guaranty Federal Bancshares has a dividend payout ratio of 27.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Guaranty Federal Bancshares to earn $2.31 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 22.5%.

Shares of GFED opened at $22.62 on Wednesday. The stock has a market capitalization of $101.41 million, a P/E ratio of 10.38 and a beta of 0.01. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.08 and a quick ratio of 1.08. Guaranty Federal Bancshares has a 52-week low of $20.11 and a 52-week high of $27.39.

Guaranty Federal Bancshares (NASDAQ:GFED) last posted its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.47 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.04). The business had revenue of $9.37 million for the quarter, compared to the consensus estimate of $10.10 million. Guaranty Federal Bancshares had a net margin of 15.22% and a return on equity of 13.26%. Equities research analysts expect that Guaranty Federal Bancshares will post 2.2 EPS for the current fiscal year.

A number of research firms have weighed in on GFED. Zacks Investment Research downgraded shares of Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday. ValuEngine downgraded shares of Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a research note on Monday, April 1st.

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Guaranty Federal Bancshares Company Profile

Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides a range of banking and mortgage services to individual and corporate customers in southwest Missouri. The company's deposit products include checking accounts, money market accounts, savings accounts, fixed-term certificates of deposit, and individual retirement accounts, as well as demand deposits and NOW accounts.

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Dividend History for Guaranty Federal Bancshares (NASDAQ:GFED)

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