HBNC Horizon Bancorp dividend history, payout ratio & dates
Horizon Bancorp's most recent dividend of $0.16 per share was on Oct 4, 2024 (ex-date). The annualized payout of $0.64 per share represents a current dividend yield of 3.5%.
Key dates
- HBNC last dividend date: Oct 4, 2024
HBNC dividend stats
vs. Financial Services sector
Dividend yield
HBNC has a dividend yield of 3.5% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.58%, Horizon Bancorp's dividend yield is 36% higher. The historical 5-year average of HBNC's dividend yield is 4.2%, which is more than the current one.
Dividend history
Horizon Bancorp has a history of paying dividends since 2002. Our records of HBNC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 66% from a year ago, the dividend yield has decreased by 40%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 4, 2024 | $0.16 | 4.32% |
| Jul 5, 2024 | $0.16 | 5.38% |
| Apr 4, 2024 | $0.16 | 5.38% |
| Jan 4, 2024 | $0.16 | 4.63% |
| Oct 5, 2023 | $0.16 | 6.24% |
| Jul 6, 2023 | $0.16 | 6.46% |
| Apr 5, 2023 | $0.16 | 6.06% |
| Jan 5, 2023 | $0.16 | 4.13% |
| Oct 6, 2022 | $0.16 | 3.3% |
| Jul 7, 2022 | $0.16 | 3.5% |
| Apr 7, 2022 | $0.15 | 3.18% |
| Jan 6, 2022 | $0.15 | 2.58% |
| Oct 7, 2021 | $0.15 | 2.87% |
| Jul 1, 2021 | $0.13 | 2.84% |
| Mar 31, 2021 | $0.13 | 2.64% |
| Jan 7, 2021 | $0.12 | 2.87% |
| Oct 1, 2020 | $0.12 | 4.72% |
| Jul 1, 2020 | $0.12 | 4.8% |
| Apr 2, 2020 | $0.12 | 5.17% |
| Jan 2, 2020 | $0.12 | 2.45% |
| Oct 3, 2019 | $0.12 | 2.62% |
| Jul 3, 2019 | $0.12 | 2.58% |
| Apr 4, 2019 | $0.1 | 2.46% |
| Jan 3, 2019 | $0.1 | 2.51% |
| Oct 4, 2018 | $0.1 | 2.01% |
| Jul 5, 2018 | $0.1 | 1.79% |
| Apr 5, 2018 | $0.1 | 1.8% |
| Jan 4, 2018 | $0.087 | 1.86% |
| Oct 5, 2017 | $0.087 | 1.71% |
| Jul 5, 2017 | $0.087 | 1.69% |
| Apr 5, 2017 | $0.073 | 1.63% |
| Jan 4, 2017 | $0.073 | 1.47% |
| Oct 5, 2016 | $0.067 | 2.07% |
| Jul 6, 2016 | $0.067 | 2.39% |
| Apr 6, 2016 | $0.067 | 2.43% |
| Jan 6, 2016 | $0.067 | 2.09% |
| Sep 30, 2015 | $0.067 | 2.4% |
| Jun 24, 2015 | $0.062 | 2.16% |
| Mar 31, 2015 | $0.062 | 2.78% |
Horizon Bancorp dividend payout ratio
Payout ratio
HBNC has a payout ratio of 133.3% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, Horizon Bancorp's payout ratio is 203% higher.
Total amount of dividends paid per financial year (from cash flow)
HBNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| THFF First Financial Corp | 3.68% | $1.8 | 48.8% |
| HBNC Horizon Bancorp Inc | 3.5% | $0.64 | 133.3% |
| FRME First Merchants Corp | 3.18% | $1.38 | 45.7% |
| ONB Old National Bancorp | 2.65% | $0.56 | 33.7% |
| LKFN Lakeland Financial Corp | 2.61% | $1.92 | 49.7% |
| GABC German American Bancorp Inc | 2.4% | $1.08 | 39.1% |
| SRCE 1St Source Corp | 2.15% | $1.4 | 26.7% |
Frequently asked questions
Does Horizon Bancorp pay a dividend?
Yes, Horizon Bancorp has paid four dividends in the last 12 months. HBNC has been paying dividends since 2002.
When was HBNC's last dividend?
Horizon Bancorp's last regular dividend was on Oct 4, 2024 (ex-date) with the amount of $0.16 per share.
How much dividend does Horizon Bancorp pay (per share)?
HBNC has paid dividend of $0.64 per share in the last year.
What is Horizon Bancorp's dividend yield?
Horizon Bancorp's current dividend yield is 3.5%.
How often does Horizon Bancorp pay dividends?
Horizon Bancorp has a quarterly dividend frequency.
What is Horizon Bancorp's dividend payout ratio?
Horizon Bancorp's dividend payout ratio is 133.3%.
Does Horizon Bancorp pay a good dividend?
Horizon Bancorp's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.