Home Federal Bancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
Home Federal Bancorp (NASDAQ:HFBL) announced a quarterly dividend of 12.5 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, meaning it will trade lower by the dividend amount. The dividend is scheduled to be paid on February 12, 2024.
January 23, 2024 | 2:45 pm
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Home Federal Bancorp is set to pay a quarterly dividend of 12.5 cents per share, with the ex-dividend date being this Friday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop in the short term by the amount of the dividend as the ex-dividend date approaches, which is a common occurrence as the dividend payout is factored into the stock price.
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