Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) to Issue Dividend Increase – $0.15 Per Share

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBLGet Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Monday, July 27th will be given a dividend of 0.15 per share by the bank on Monday, August 10th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, July 27th. This is a 11.1% increase from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14.

Home Federal Bancorp, Inc. of Louisiana has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 11 years.

Home Federal Bancorp, Inc. of Louisiana Price Performance

NASDAQ HFBL opened at $22.80 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.10. Home Federal Bancorp, Inc. of Louisiana has a 12 month low of $12.83 and a 12 month high of $24.00. The stock has a market cap of $69.54 million, a price-to-earnings ratio of 11.88 and a beta of 0.38. The company’s 50 day moving average is $20.29 and its two-hundred day moving average is $18.99.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBLGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The bank reported $0.48 earnings per share for the quarter. The business had revenue of $6.03 million during the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%.

Home Federal Bancorp, Inc. of Louisiana Company Profile

(Get Free Report)

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.

Further Reading

Dividend History for Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL)

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