StockWatch
·
Savings Institutions
DividendJul 16, 2026, 04:32 PM

Home Federal Bancorp Declares $0.15 Quarterly Dividend

AI Summary

Home Federal Bancorp, Inc. of Louisiana announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share on the company's common stock. The dividend is payable on August 10, 2026, to shareholders of record as of July 27, 2026. This represents the thirteenth consecutive annual increase in the dividend rate and the 85th consecutive quarterly cash dividend, reflecting a payout ratio of approximately 31.3%.

Key Highlights

  • Declared a quarterly cash dividend of $0.15 per share on common stock.
  • Dividend is payable on August 10, 2026.
  • Shareholders of record at the close of business on July 27, 2026, will receive the dividend.
  • This marks the thirteenth consecutive annual increase in the dividend rate.
  • It is the 85th consecutive quarterly cash dividend paid by the company.
  • The increase reflects a payout ratio of approximately 31.3% based on trailing four fiscal quarters EPS.