Home Bancorp Boosts Quarterly Cash Dividend By 4% From $0.25 To $0.26 Per Share
Portfolio Pulse from Benzinga Newsdesk
Home Bancorp has announced a 4% increase in its quarterly cash dividend, raising it from $0.25 to $0.26 per share. The dividend is payable on November 8, 2024, to shareholders of record as of October 28, 2024.
October 17, 2024 | 9:05 pm
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Home Bancorp has increased its quarterly dividend by 4%, from $0.25 to $0.26 per share, indicating a positive outlook on its financial health.
The increase in dividend suggests that Home Bancorp is confident in its financial performance and future cash flows, which is generally viewed positively by investors. This could lead to a short-term increase in stock price as it may attract income-focused investors.
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