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HBNC Horizon Bancorp dividend history, payout ratio & dates

Horizon Bancorp's most recent quarterly dividend of $0.16 per share was on Jul 7, 2022 (ex-date). The annualized payout of $0.61 per share represents a current dividend yield of 3.21%. The latest HBNC distribution of $0.16 marks a dividend growth of 7%.

Key dates

  • HBNC last dividend date: Jul 7, 2022
  • HBNC next dividend date: Oct 6, 2022
HBNC dividend stats
DPS
$0.61
Dividend yield
3.21%
Payout ratio
28.6%
vs. Financial Services sector
Dividend yield
2.81%
Payout ratio
30.1%

Dividend yield

What is Horizon Bancorp current dividend yield

HBNC has a dividend yield of 3.21% 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 2.81%, Horizon Bancorp's dividend yield is 14% higher. The historical 5-year average of HBNC's dividend yield is 2.9%, which is less than the current one.

Dividend history

What is HBNC dividend payout history and dates

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 increased by 22% for the last year. And since the stock price has gone up by 2.8% from a year ago, the dividend yield has increased by 19%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 7, 2022 Jul 22, 2022 Jun 24, 2022 $0.16 normal
Apr 7, 2022 Apr 22, 2022 Mar 17, 2022 $0.15 normal
Jan 6, 2022 Jan 21, 2022 Dec 21, 2021 $0.15 normal
Oct 7, 2021 Oct 22, 2021 Sep 22, 2021 $0.15 normal
Jul 1, 2021 Jul 16, 2021 Jun 15, 2021 $0.13 normal
Mar 31, 2021 Apr 16, 2021 Mar 17, 2021 $0.13 normal
Jan 7, 2021 Jan 22, 2021 Dec 15, 2020 $0.12 normal
Oct 1, 2020 Oct 16, 2020 Sep 15, 2020 $0.12 normal
Jul 1, 2020 Jul 17, 2020 Jun 9, 2020 $0.12 normal
Apr 2, 2020 Apr 17, 2020 Mar 17, 2020 $0.12 normal
Jan 2, 2020 Jan 17, 2020 Dec 17, 2019 $0.12 normal
Oct 3, 2019 Oct 18, 2019 Sep 17, 2019 $0.12 normal
Jul 3, 2019 Jul 19, 2019 Jun 18, 2019 $0.12 normal
Apr 4, 2019 Apr 19, 2019 Mar 19, 2019 $0.1 normal
Jan 3, 2019 Jan 18, 2019 Dec 18, 2018 $0.1 normal
Oct 4, 2018 Oct 19, 2018 Sep 18, 2018 $0.1 normal
Jul 5, 2018 Jul 20, 2018 Jun 19, 2018 $0.1 normal
Apr 5, 2018 Apr 20, 2018 Mar 20, 2018 $0.1 normal
Jan 4, 2018 Jan 19, 2018 Dec 19, 2017 $0.087 normal
Oct 5, 2017 Oct 20, 2017 Sep 19, 2017 $0.087 normal
Jul 5, 2017 Jul 21, 2017 Jun 12, 2017 $0.087 normal
Apr 5, 2017 Apr 21, 2017 Mar 21, 2017 $0.073 normal
Jan 4, 2017 Jan 20, 2017 Dec 22, 2016 $0.073 normal
Oct 5, 2016 Oct 21, 2016 Sep 20, 2016 $0.067 normal
Jul 6, 2016 Jul 22, 2016 Jun 21, 2016 $0.067 normal

Horizon Bancorp dividend payout ratio

What is Horizon Bancorp dividend payout ratio compared to the sector

Payout ratio

HBNC has a payout ratio of 28.6% which is lower than the Financial Services sector, the industry and its peers average. But in comparison with the Financial Services sector average of 30.1%, Horizon Bancorp's payout ratio is only 5% lower.

Total amount of dividends paid per financial year (from cash flow)

HBNC dividend vs peer dividends

How does HBNC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HBNC Horizon Bancorp Inc 3.21% $0.61 28.6%
ONB Old National Bancorp 3.16% $0.56 54.9%
FRME First Merchants Corp 2.99% $1.22 35.7%
SRCE 1St Source Corp 2.59% $1.25 26.7%
GABC German American Bancorp Inc 2.43% $0.9 34%
THFF First Financial Corp 2.29% $1.07 22.4%

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 is Horizon Bancorp's next dividend?

HBNC has announced its next dividend with ex-date Oct 6, 2022.

When was HBNC's last dividend?

Horizon Bancorp's last regular dividend was on Jul 7, 2022 (ex-date) with the amount of $0.16 per share.

How much dividend does Horizon Bancorp pay (per share)?

HBNC has paid dividend of $0.61 per share in the last year.

What is Horizon Bancorp's dividend yield?

Horizon Bancorp's current dividend yield is 3.21%.

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 28.6%.

Does Horizon Bancorp pay a good dividend?

Horizon Bancorp's dividend yield is more than the Financial Services sector average.