LINKBANCORP, Inc. operates as a bank holding company for The Gratz Bank, a full-service state chartered commercial bank in Pennsylvania. The company's deposit products include checking accounts, saving accounts, money market accounts, and certificates of deposits. The company's loan portfolio comprises small business, real estate, agricultural, home equity, consumer lending, commercial, municipal, term, lines of credit, auto, and home mortgage and construction loans. It also provides debit cards, mobile banking, card valet app, e-statements, ATMs, online banking and bill pay, and other services. The company operates through a main office located in Gratz, Pennsylvania, as well as bank offices located in Camp Hill, Gratz, Valley View, Harrisburg, Herndon, Lancaster, Pottsville, Trevorton, West Chester, and Minersville. Pennsylvania. LINKBANCORP, Inc. was incorporated in 2018 and is based in Camp Hill, Pennsylvania.
LINKBANCORP Dividend Announcement
• LINKBANCORP announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• LINKBANCORP annual dividend for 2024 was $0.30
• LINKBANCORP annual dividend for 2023 was $0.30
• LINKBANCORP's trailing twelve-month (TTM) dividend yield is 2.95%
• LINKBANCORP's payout ratio for the trailing twelve months (TTM) is 119.56%
LINKBANCORP Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.07 | quarterly | 2024-12-16 |
2024-08-30 | $0.07 | quarterly | 2024-09-16 |
2024-05-31 | $0.07 | quarterly | 2024-06-14 |
2024-02-28 | $0.07 | quarterly | 2024-03-15 |
2023-11-17 | $0.07 | quarterly | 2023-11-27 |
2023-08-30 | $0.07 | quarterly | 2023-09-15 |
2023-05-30 | $0.07 | quarterly | 2023-06-15 |
2023-02-27 | $0.07 | quarterly | 2023-03-15 |
2022-11-29 | $0.07 | quarterly | 2022-12-15 |
LINKBANCORP Dividend per year
LINKBANCORP Dividend growth
LINKBANCORP Dividend Yield
LINKBANCORP current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing LINKBANCORP stock? Use our calculator to estimate your expected dividend yield:
LINKBANCORP Financial Ratios
LINKBANCORP Dividend FAQ
Other factors to consider when evaluating LINKBANCORP as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: LINKBANCORP's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, LINKBANCORP publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, LINKBANCORP distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from LINKBANCORP are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: LINKBANCORP sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, LINKBANCORP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LINKBANCORP declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of LINKBANCORP's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review LINKBANCORP's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.