Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) Shares Set to Pay Quarterly Dividend of $0.15

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) declared a quarterly dividend on Tuesday, October 27th. Stockholders of record on Friday, November 13th will be given a dividend of $0.1475 per share by the bank on Friday, December 4th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, November 13th.

Eagle Bancorp Montana has raised its dividend by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 14 years. Eagle Bancorp Montana has a payout ratio of 32.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Eagle Bancorp Montana to earn $2.20 per share next year, which means the company should continue to be able to cover its $0.59 annual dividend with an expected future payout ratio of 26.8%.

Eagle Bancorp Montana Trading Down 0.0%

Shares of NASDAQ:EBMT opened at $21.34 on Wednesday. Eagle Bancorp Montana has a 1 year low of $15.80 and a 1 year high of $24.66. The business has a fifty day simple moving average of $21.78 and a 200 day simple moving average of $22.17. The firm has a market cap of $169.97 million, a price-to-earnings ratio of 10.46 and a beta of 0.37.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its earnings results on Tuesday, October 27th. The bank reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.16). The business had revenue of $25.08 million during the quarter, compared to analysts’ expectations of $24.50 million. On average, sell-side analysts forecast that Eagle Bancorp Montana will post 2.07 EPS for the current year.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc was a Montana-based bank holding company that operated through its subsidiary, Opportunity Bank of Montana. The company provided community banking services to individuals, families, small businesses and commercial customers across Montana.

Opportunity Bank offered deposit accounts, residential mortgage lending, consumer loans, commercial real estate financing, business loans and other banking products. Its services also included online and mobile banking, along with traditional branch-based banking.

Opportunity Bank traced its history to 1922 and served communities throughout Montana through a network of branches.