Sierra Bancorp (NASDAQ:BSRR) Declares Quarterly Dividend of $0.25

Sierra Bancorp (NASDAQ:BSRR) announced a quarterly dividend on Friday, October 24th. Investors of record on Monday, November 3rd will be paid a dividend of 0.25 per share by the financial services provider on Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, November 3rd.

Sierra Bancorp has a dividend payout ratio of 31.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Sierra Bancorp to earn $3.05 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 32.8%.

Sierra Bancorp Price Performance

Shares of NASDAQ:BSRR opened at $27.30 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.24. The company has a market cap of $371.01 million, a P/E ratio of 9.45 and a beta of 0.78. Sierra Bancorp has a 52 week low of $22.42 and a 52 week high of $35.13. The company has a 50-day moving average price of $29.28 and a 200 day moving average price of $28.64.

Sierra Bancorp (NASDAQ:BSRR) last announced its quarterly earnings data on Monday, July 28th. The financial services provider reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The firm had revenue of $39.21 million during the quarter, compared to the consensus estimate of $38.47 million. Sierra Bancorp had a net margin of 20.09% and a return on equity of 11.44%. Research analysts predict that Sierra Bancorp will post 2.95 earnings per share for the current year.

Sierra Bancorp Company Profile

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.