Sierra Bancorp (NASDAQ:BSRR - Get Free Report) declared a quarterly dividend on Thursday, April 18th, investing.com reports. Shareholders of record on Tuesday, April 30th will be given a dividend of 0.23 per share by the financial services provider on Monday, May 13th. This represents a $0.92 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Monday, April 29th.
Sierra Bancorp has raised its dividend by an average of 4.8% per year over the last three years. Sierra Bancorp has a payout ratio of 37.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Sierra Bancorp to earn $2.46 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 37.4%.
Sierra Bancorp Trading Up 1.0 %
Sierra Bancorp stock traded up $0.18 during trading on Monday, reaching $18.93. 30,072 shares of the company were exchanged, compared to its average volume of 27,130. The stock's 50 day simple moving average is $18.69 and its two-hundred day simple moving average is $19.51. The company has a market capitalization of $277.32 million, a P/E ratio of 8.02 and a beta of 0.93. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.66 and a quick ratio of 0.66. Sierra Bancorp has a 52-week low of $15.01 and a 52-week high of $23.21.
Sierra Bancorp (NASDAQ:BSRR - Get Free Report) last posted its quarterly earnings results on Monday, January 29th. The financial services provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.26). Sierra Bancorp had a return on equity of 11.03% and a net margin of 18.01%. The company had revenue of $50.49 million for the quarter, compared to analysts' expectations of $35.15 million. On average, equities research analysts expect that Sierra Bancorp will post 2.33 earnings per share for the current fiscal year.
Sierra Bancorp Company Profile
(
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Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. It accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts.
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