Thriving with Robust Performance: HarborOne Bancorp Delivers Growing Profits to Investors
Portfolio Pulse from Benzinga Insights
HarborOne Bancorp (NASDAQ:HONE) is distributing a $0.07 per share dividend with an annualized yield of 2.52%. The ex-dividend date was January 3, 2024, and the dividend is payable on January 18, 2024. The company has shown a positive trend in dividend per share growth from $0.20 in 2021 to $0.30 in 2023, and earnings per share growth from $0.58 to $0.74 over the same period. HarborOne's dividend yield is moderate compared to industry peers like Washington Trust Bancorp (NASDAQ:WASH), which has a 7.73% yield.
January 18, 2024 | 3:05 pm
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POSITIVE IMPACT
HarborOne Bancorp is paying a $0.07 dividend per share with a 2.52% yield and has shown growth in dividends and earnings per share from 2021 to 2023.
The consistent increase in dividends and earnings per share indicates a strong financial position for HarborOne Bancorp, which is likely to positively influence investor sentiment and potentially the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Washington Trust Bancorp has the highest annualized dividend yield at 7.73% among its peers, including HarborOne Bancorp.
While the article mentions Washington Trust Bancorp's higher dividend yield, it does not provide specific financial data or changes that would directly impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50