QCR Holdings, Inc. (QCRH) to Issue Quarterly Dividend of $0.06 on January 7th

QCR Holdings, Inc. (NASDAQ:QCRH) declared a quarterly dividend on Wednesday, November 19th. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 0.06 per share by the bank on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, December 23rd.

QCR has a payout ratio of 3.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect QCR to earn $7.49 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 3.2%.

QCR Stock Down 1.4%

QCRH stock opened at $85.55 on Friday. The stock has a market capitalization of $1.44 billion, a PE ratio of 11.95 and a beta of 0.85. The company has a fifty day moving average of $78.69 and a 200-day moving average of $75.23. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.01 and a current ratio of 1.01. QCR has a one year low of $60.83 and a one year high of $88.15.

QCR (NASDAQ:QCRH) last posted its quarterly earnings results on Friday, November 7th. The bank reported $2.17 earnings per share (EPS) for the quarter. The firm had revenue of $101.45 million during the quarter. QCR had a net margin of 20.64% and a return on equity of 12.04%. As a group, analysts expect that QCR will post 6.82 EPS for the current year.

About QCR

QCR Holdings, Inc, headquartered in Moline, Illinois, is a bank holding company that delivers community banking services through its wholly owned subsidiary, QCR Bank. The company focuses on serving individuals, small to medium-sized businesses and municipal clients in select Midwestern markets.

QCR Bank offers a broad array of deposit and lending products, including personal and business checking and savings accounts, commercial real estate loans, equipment financing, mortgage lending and treasury management solutions.