Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) to Issue Dividend Increase – $0.15 Per Share

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBLGet Free Report) declared a quarterly dividend on Thursday, July 16th. Stockholders of record on Monday, July 27th will be paid a dividend of 0.15 per share by the bank on Monday, August 10th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, July 27th. This is a 11.1% increase from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.14.

Home Federal Bancorp, Inc. of Louisiana has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 11 consecutive years.

Home Federal Bancorp, Inc. of Louisiana Price Performance

HFBL opened at $22.80 on Friday. The company’s 50-day simple moving average is $20.29 and its two-hundred day simple moving average is $18.99. Home Federal Bancorp, Inc. of Louisiana has a 52-week low of $12.83 and a 52-week high of $24.00. The stock has a market capitalization of $69.54 million, a P/E ratio of 11.88 and a beta of 0.38. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 0.89.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBLGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The bank reported $0.48 earnings per share for the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%. The company had revenue of $6.03 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Company Profile

(Get Free Report)

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.

Further Reading

Dividend History for Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL)

Receive News & Ratings for Home Federal Bancorp Inc. of Louisiana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Federal Bancorp Inc. of Louisiana and related companies with MarketBeat.com's FREE daily email newsletter.