German American Bancorp (GABC) Could Be a Great Choice

Company Overview - German American Bancorp (GABC) is headquartered in Jasper and operates in the Finance sector, with a stock price change of -2.46% since the beginning of the year [3] - The company currently pays a dividend of $0.29 per share, resulting in a dividend yield of 2.96%, which is slightly below the Banks - Midwest industry's yield of 2.99% but significantly higher than the S&P 500's yield of 1.57% [3] Dividend Performance - The current annualized dividend of $1.16 represents a 7.4% increase from the previous year, and over the last five years, GABC has increased its dividend five times, averaging an annual increase of 8.81% [4] - The company's payout ratio is currently 38%, indicating that it pays out 38% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - GABC is projected to experience earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $3.27 per share, reflecting a year-over-year growth rate of 15.55% [5] Investment Appeal - GABC is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) [7]