Home Federal Bancorp increases its quarterly payout to $0.15, marking an 11.1% rise from the previous $0.135 dividend.
Home Federal Bancorp announced a quarterly dividend of $0.15 per share, an 11.1% increase from the prior $0.135 payout. The move reflects the company’s confidence in sustained earnings growth and capital position.
The previous dividend stood at $0.135, with the new rate yielding 2.63% on a forward basis. The dividend is payable August 10 to shareholders of record as of July 27, with an ex-dividend date set for the same day.
No immediate market reaction was disclosed in the announcement.