Hmn Financial's last quarterly dividend of $0.1 per share was on May 16, 2024 (ex-date). The annualized dividend payment of $0.34 per share represents a current dividend yield of 1.31%. The latest HMNF payout of $0.1 marks a dividend growth of 25%.
Hmn Financial's dividend yield of 1.31% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.85%, Hmn Financial's dividend yield is 54% lower.
Hmn Financial has a dividend history dating as far as 1998, but when it comes to recent years the company has recorded two consecutive years of dividend payments. Our records of HMNF show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 31% since one year ago. But with the stock price up by 35% from a year ago, the dividend yield marks a decrease of 2.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 16, 2024 | Jun 7, 2024 | Apr 24, 2024 | $0.1 | normal |
| Feb 12, 2024 | Mar 6, 2024 | Jan 23, 2024 | $0.08 | normal |
| Nov 15, 2023 | Dec 7, 2023 | Oct 25, 2023 | $0.08 | normal |
| Aug 15, 2023 | Sep 7, 2023 | Jul 26, 2023 | $0.08 | normal |
| May 16, 2023 | Jun 7, 2023 | Apr 26, 2023 | $0.08 | normal |
| Feb 14, 2023 | Mar 8, 2023 | Jan 26, 2023 | $0.06 | normal |
| Nov 14, 2022 | Dec 6, 2022 | Oct 25, 2022 | $0.06 | normal |
| Aug 15, 2022 | Sep 7, 2022 | Jul 27, 2022 | $0.06 | normal |
| May 16, 2022 | Jun 7, 2022 | Apr 27, 2022 | $0.06 | normal |
| Feb 15, 2022 | Mar 9, 2022 | Jan 27, 2022 | $0.06 | normal |
Hmn Financial's payout ratio of 26.2% is above its peers average but below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 41.2%, Hmn Financial's payout ratio is 36% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CFFN Capitol Federal Financial Inc | 5.25% | $0.34 | N/A |
| LARK Landmark Bancorp Inc | 4% | $0.82 | 38.7% |
| CZWI Citizens Community Bancorp Inc | 2.44% | $0.32 | 24.6% |
| SMBC Southern Missouri Bancorp Inc | 1.6% | $0.84 | 17.9% |
| HMNF Hmn Financial Inc | 1.29% | $0.34 | 26.2% |
| CASH Meta Financial Group Inc | 0.29% | $0.2 | 3% |
Yes, Hmn Financial has been paying dividends for the last two years.
HMNF hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in August 2024.
Hmn Financial's last regular dividend was on May 16, 2024 (ex-date) with the amount of $0.1 per share.
HMNF's annualized dividend per share is $0.34.
Hmn Financial's current dividend yield is 1.31%.
Hmn Financial pays dividends quarterly.
The dividend payout ratio of Hmn Financial is 26.2%.
Hmn Financial's dividend yield is lower than the Financial Services sector average.