Equity Bancshares, Inc. (NYSE:EQBK) to Issue $0.18 Quarterly Dividend

Key Points

• Equity Bancshares declared a quarterly dividend of $0.18 per share, with an ex-dividend/record date of March 31 and a payment date of April 15, implying a dividend yield of about 1.6%.
• The dividend appears well-covered, with a reported payout ratio of 16.3%, suggesting earnings comfortably support the distribution.
• Stock snapshot: EQBK opened at $43.74, has a market cap of roughly $918 million, a P/E of 33.4, and a 52-week range of $34.11–$50.07.

Equity Bancshares, Inc. (NYSE:EQBK - Get Free Report) announced a quarterly dividend on Wednesday, February 18th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.18 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, March 31st.

Equity Bancshares has a dividend payout ratio of 16.3% indicating that its dividend is sufficiently covered by earnings.

Equity Bancshares Price Performance

Equity Bancshares stock opened at $43.74 on Friday. The stock has a market cap of $918.08 million, a price-to-earnings ratio of 33.39 and a beta of 0.86. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.54. The business has a 50-day simple moving average of $45.50 and a 200 day simple moving average of $43.87. Equity Bancshares has a 52 week low of $34.11 and a 52 week high of $50.07.

About Equity Bancshares

Equity Bancshares, Inc is the bank holding company for Equity Bank, a regional financial services provider headquartered in Wichita, Kansas. As a publicly traded company on the New York Stock Exchange under the ticker EQBK, Equity Bancshares operates a network of branches and lending offices across Kansas, Missouri, Oklahoma, Illinois and Colorado. Its geographic footprint spans both urban and rural markets, reflecting a focus on supporting small businesses, agricultural enterprises and individual consumers throughout the Midwest.

The company's core business activities encompass a full spectrum of commercial and consumer banking services.

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