Company Overview - German American Bancorp (GABC) is a financial services holding company based in Jasper, operating in the Finance sector [3] - The company's shares have experienced a price change of -3.23% this year [3] Dividend Information - GABC currently pays a dividend of $0.29 per share, resulting in a dividend yield of 2.98%, which is lower than the Banks - Midwest industry's yield of 3.18% and the S&P 500's yield of 1.53% [3] - The annualized dividend of $1.16 represents a 7.4% increase from the previous year [4] - Over the last 5 years, GABC has increased its dividend 5 times, averaging an annual increase of 9.04% [4] - The current payout ratio is 39%, indicating that GABC paid out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - GABC is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $3.35 per share, reflecting a year-over-year growth rate of 18.37% [5] Investment Perspective - GABC is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]
This is Why German American Bancorp (GABC) is a Great Dividend Stock