Great Southern Bancorp: A Dividend Powerhouse

Great Southern Bancorp, Inc. (NASDAQ:GSBC) is making headlines again with its upcoming dividend payment of $0.40 per share on April 14, 2025. This dividend payment is part of the company's consistent strategy to reward its shareholders, and it's a testament to the financial stability and growth potential of Great Southern Bancorp. Let's dive into the details and see why this dividend payment is significant for income-seeking investors.

A Solid Track Record of Dividend Payments

Great Southern Bancorp has a proven track record of paying dividends, with over 10 years of consistent distributions to shareholders. The company's annual payment has grown from $0.80 in 2015 to $1.60 in the most recent fiscal year, reflecting a compound annual growth rate (CAGR) of approximately 7.2% over that period. This steady growth in dividends is a clear indication of the company's commitment to providing stable income to its shareholders.

Sustainable Dividend Payout

One of the key factors that makes Great Southern Bancorp an attractive option for income-seeking investors is its sustainable dividend payout. The company's payout ratio is at a decent 30.42%, meaning that it is paying out 30.42% of its earnings as dividends. This leaves a significant portion of its earnings to be reinvested in the business or used for other purposes, ensuring that the dividend payout remains sustainable in the long run.



Future Growth Prospects

While Great Southern Bancorp hasn't seen much change in its earnings per share over the last five years, the company has the option to increase the payout ratio to return more cash to shareholders. Analysts estimate that the future payout ratio could be 31% over the next three years, which is a good look for the future of the dividend. This suggests that even with modest earnings growth, the company should be able to maintain its current dividend payout and potentially increase it in the future.

Conclusion

Great Southern Bancorp's upcoming dividend payment of $0.40 per share is a clear indication of the company's financial stability and growth potential. With a solid track record of dividend payments, a sustainable payout ratio, and future growth prospects, Great Southern Bancorp is an attractive option for income-seeking investors. As always, it's important to do your own research and consider your investment goals and risk tolerance before making any investment decisions. Happy investing!