Landmark Bancorp, Inc.
LARKFinancial Services · Stock · quarterly payer
Forward Yield
2.76%
Annual Dividend
$0.82
Payout Ratio
26%
5-Yr Growth
4.0%
Ex-Date
May 14, 2026
Frequency
Quarterly
Summary
As of June 2026, Landmark Bancorp, Inc. (LARK) yields 2.76% ($0.82 per share annually), with a blended fair-value estimate of $40.35 — +34% upside, so it screens as undervalued. Dividend safety grade: A (98/100). 2 years of dividend growth.
Is LARK a good dividend stock?
YesLandmark Bancorp, Inc. (LARK) pays a quarterly dividend yielding 2.76% ($0.82/yr), with 2 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (26%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.76%
- Payout Ratio
- 26%
- Annual Dividend
- $0.82
- 5-Yr Avg Growth
- 4.0%
- Ex-Dividend Date
- May 14, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.39
- Market Cap
- $182.9M
- P/E Ratio
- 9.6
- 5-Yr Total Return
- 35%
- 52-Week Range
- $22.31 – $30.00
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
LARK Price — Last 12 Months
Daily close
Price Return
1 Year
+19%
3 Years
+59%
5 Years
+35%
52-Week Range
$22.31 – $30.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LARK worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Landmark Bancorp, Inc. is $40.35 per share, versus a market price of $30.00. That implies 34% of upside — a margin of safety of about 26%.
Fair Value
$40.35
Current Price
$30.00
Upside
+34%
Margin of Safety
26%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 4.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $3.13 EPS, $0.82 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LARK Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | — | $0.2100 | regular |
| Feb 12, 2026 | — | $0.2100 | regular |
| Nov 12, 2025 | — | $0.2000 | regular |
| Aug 13, 2025 | — | $0.2000 | regular |
| May 21, 2025 | — | $0.2000 | regular |
| Feb 19, 2025 | — | $0.2000 | regular |
| Nov 13, 2024 | — | $0.1905 | regular |
| Aug 21, 2024 | — | $0.1905 | regular |
| May 14, 2024 | — | $0.1905 | regular |
| Feb 13, 2024 | — | $0.1905 | regular |
| Nov 14, 2023 | — | $0.1814 | regular |
| Aug 22, 2023 | — | $0.1814 | regular |
| May 16, 2023 | — | $0.1814 | regular |
| Feb 14, 2023 | — | $0.1814 | regular |
Income Calculator
At $0.82 / yr per share
