Landmark Bancorp, Inc.
LARKFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
2.66%
Annual Dividend
$0.84
Payout Ratio
25%
5-Yr Growth
4.0%
Ex-Date
Aug 13, 2026
Frequency
Quarterly
Key facts about LARK's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Landmark Bancorp, Inc. (LARK) has a forward dividend yield of 2.66%, based on an annual dividend of $0.84 per share and a share price of $31.51.
- As of Oct 18, 2026, LARK's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Landmark Bancorp, Inc. (LARK) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- LARK has never cut its regular dividend in the payment history SmarterDividends has on record.
- LARK's most recent ex-dividend date was Aug 13, 2026, for a dividend of $0.21 per share.
- As of Oct 18, 2026, LARK pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- LARK's dividend has grown at an average rate of 4.0% a year over the past five years.
- As of Oct 18, 2026, LARK's 2.66% yield is 24% below its five-year average yield of 3.52%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for LARK is $19.91 per share, 37% below the $31.51 share price, so LARK screens as overvalued.
- Landmark Bancorp, Inc. (LARK) pays its dividend quarterly, 4 times a year.
- Landmark Bancorp, Inc. (LARK) has raised its regular dividend 26 times and cut it 0 times across the 130 payments on record since 1994. Its most recent change was a 5.0% increase to $0.210 per share, going ex-dividend on Feb 12, 2026.
Cite this page
SmarterDividends, "LARK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/LARK
Summary
As of Oct 18, 2026, Landmark Bancorp, Inc. (LARK) yields 2.66% ($0.84 a year per share), has a dividend safety grade of A (97/100) and has 2 consecutive years of dividend increases on record.
Is LARK a good dividend stock?
YesLandmark Bancorp, Inc. (LARK) pays a quarterly dividend yielding 2.66% ($0.84/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 (25%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.66%
- Payout Ratio
- 25%
- Annual Dividend
- $0.84
- 5-Yr Avg Growth
- 4.0%
- Ex-Dividend Date
- Aug 13, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.38
- Market Cap
- $192.2M
- P/E Ratio
- 9.6
- 5-Yr Total Return
- 28%
- 52-Week Range
- $23.57 – $34.60
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
LARK dividend raises and cuts
Landmark Bancorp, Inc. (LARK) has raised its regular dividend 26 times and cut it 0 times across the 130 payments on record since 1994. Its most recent change was a 5.0% increase to $0.210 per share, going ex-dividend on Feb 12, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 12, 2026 | Raise | $0.200 → $0.210 | +5.0% |
| Feb 19, 2025 | Raise | $0.190 → $0.200 | +5.0% |
| Feb 13, 2024 | Raise | $0.181 → $0.190 | +5.0% |
| Feb 15, 2022 | Raise | $0.165 → $0.181 | +10.3% |
| Feb 18, 2020 | Raise | $0.157 → $0.165 | +5.0% |
| Feb 19, 2019 | Raise | $0.149 → $0.157 | +5.0% |
| Feb 12, 2016 | Raise | $0.142 → $0.149 | +5.3% |
| Feb 13, 2015 | Raise | $0.135 → $0.142 | +5.0% |
| Feb 14, 2014 | Raise | $0.129 → $0.135 | +5.0% |
| Feb 15, 2013 | Raise | $0.122 → $0.129 | +5.0% |
| Feb 17, 2012 | Raise | $0.117 → $0.122 | +5.0% |
| Feb 18, 2011 | Raise | $0.111 → $0.117 | +5.0% |
Show all 26 changes since 1995
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 22, 2010 | Raise | $0.106 → $0.111 | +5.0% |
| Feb 17, 2009 | Raise | $0.101 → $0.106 | +5.0% |
| Feb 4, 2008 | Raise | $0.0960 → $0.101 | +5.0% |
| Feb 26, 2007 | Raise | $0.0914 → $0.0960 | +5.0% |
| Nov 6, 2006 | Raise | $0.0818 → $0.0914 | +11.8% |
| Feb 17, 2006 | Raise | $0.0779 → $0.0818 | +5.0% |
| Feb 17, 2005 | Raise | $0.0742 → $0.0779 | +5.0% |
| Feb 13, 2004 | Raise | $0.0706 → $0.0742 | +5.0% |
| Aug 4, 2003 | Raise | $0.0665 → $0.0706 | +6.3% |
| Feb 3, 2003 | Raise | $0.0633 → $0.0665 | +5.0% |
| Oct 28, 2002 | Raise | $0.0594 → $0.0633 | +6.7% |
| Jan 30, 2002 | Raise | $0.0565 → $0.0594 | +5.0% |
| Apr 29, 1998 | Raise | $0.0377 → $0.0565 | +50.0% |
| Aug 2, 1995 | Raise | $0.0188 → $0.0377 | +100.0% |
Frequently Asked Questions
Is LARK a good dividend stock?
Yes. Landmark Bancorp, Inc. (LARK) pays a quarterly dividend yielding 2.66% ($0.84/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.
Is LARK undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LARK's fair value is about $19.91 versus a $31.51 share price — so it looks overvalued (-37% vs. fair value).
Is LARK's dividend safe?
LARK has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is LARK's fair value?
Our blended fair-value estimate for LARK is about $19.91 per share, about 37% below the current $31.51 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LARK a buy, hold, or sell?
We don't issue formal ratings, but on the data LARK screens as "yes" and overvalued. Landmark Bancorp, Inc. (LARK) pays a quarterly dividend yielding 2.66% ($0.84/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. This is research for your own analysis, not investment advice.
Will LARK cut its dividend?
LARK earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does LARK pay a dividend?
Yes. Landmark Bancorp, Inc. pays a quarterly dividend of about $0.84 per share annually, a forward yield of roughly 2.66%.
What is LARK's dividend yield?
As of Oct 18, 2026, LARK's forward dividend yield is 2.66%, based on a $0.84 annual dividend and a $31.51 share price.
What is LARK's dividend per share?
As of Oct 18, 2026, LARK pays $0.84 per share per year, distributed on a quarterly basis.
What is LARK's dividend payout ratio?
As of Oct 18, 2026, LARK's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has LARK grown its dividend?
As of Oct 18, 2026, LARK has increased its dividend for 2 consecutive years.
When is the next LARK ex-dividend date?
As of Oct 18, 2026, LARK's next ex-dividend date hasn't been announced. The most recent was Aug 13, 2026, for $0.21 per share.
LARK Price — Last 12 Months
Daily close
Price Return
1 Year
+14%
3 Years
+82%
5 Years
+28%
52-Week Range
$23.57 – $34.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LARK worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Landmark Bancorp, Inc. is $19.91 per share, versus a market price of $31.51. That implies 37% of downside.
Fair Value
$19.91
Current Price
$31.51
Downside
-37%
Margin of Safety
-58%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 0.3% growth for five years fading to 2.5% over the next five, $3.28 EPS, $0.84 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
Full LARK dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 13, 2026 | Aug 27, 2026 | $0.2100 | regular |
| May 14, 2026 | May 28, 2026 | $0.2100 | regular |
| Feb 12, 2026 | Feb 26, 2026 | $0.2100 | regular |
| Nov 12, 2025 | Nov 26, 2025 | $0.2000 | regular |
| Aug 13, 2025 | Aug 27, 2025 | $0.2000 | regular |
| May 21, 2025 | Jun 4, 2025 | $0.2000 | regular |
| Feb 19, 2025 | Mar 5, 2025 | $0.2000 | regular |
| Nov 13, 2024 | Nov 27, 2024 | $0.1905 | regular |
| Aug 21, 2024 | Sep 4, 2024 | $0.1905 | regular |
| May 14, 2024 | May 29, 2024 | $0.1905 | regular |
| Feb 13, 2024 | Feb 28, 2024 | $0.1905 | regular |
| Nov 14, 2023 | Nov 29, 2023 | $0.1814 | regular |
| Aug 22, 2023 | Sep 6, 2023 | $0.1814 | regular |
| May 16, 2023 | May 31, 2023 | $0.1814 | regular |
Income Calculator
At $0.84 / yr per share
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