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 3.88%.
HBNC has a dividend yield of 3.88% 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 2.77%, Horizon Bancorp's dividend yield is 40% higher. The historical 5-year average of HBNC's dividend yield is 4.2%, which is more than the current one.
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 17% from a year ago, the dividend yield has decreased by 15%.
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% |
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 44.2%, Horizon Bancorp's payout ratio is 202% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
HBNC Horizon Bancorp Inc | 3.88% | $0.64 | 133.3% |
THFF First Financial Corp | 3.86% | $1.8 | 48.8% |
FRME First Merchants Corp | 3.4% | $1.39 | 46% |
LKFN Lakeland Financial Corp | 2.79% | $1.92 | 49.7% |
GABC German American Bancorp Inc | 2.62% | $1.08 | 39.1% |
ONB Old National Bancorp | 2.6% | $0.56 | 33.7% |
SRCE 1St Source Corp | 2.37% | $1.4 | 26.7% |
Yes, Horizon Bancorp has paid four dividends in the last 12 months. HBNC has been paying dividends since 2002.
Horizon Bancorp's last regular dividend was on Oct 4, 2024 (ex-date) with the amount of $0.16 per share.
HBNC has paid dividend of $0.64 per share in the last year.
Horizon Bancorp's current dividend yield is 3.88%.
Horizon Bancorp has a quarterly dividend frequency.
Horizon Bancorp's dividend payout ratio is 133.3%.
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.