Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) to Issue Quarterly Dividend of $0.15

Key Points

• Home Federal Bancorp declared a quarterly dividend of $0.15 per share, payable November 16 to shareholders of record November 2. The annualized dividend is $0.60 per share, yielding approximately 2.5%.
• The bank has increased its dividend for 11 consecutive years, although the average annual increase over the past three years was modest at 0.1%.
• HFBL shares recently traded at $24.00, while the company reported quarterly earnings of $0.46 per share and $6.51 million in revenue. Analysts maintain an overall Hold rating.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) announced a quarterly dividend on Wednesday, October 21st. Investors of record on Monday, November 2nd will be given a dividend of $0.15 per share by the bank on Monday, November 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, November 2nd.

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

Home Federal Bancorp, Inc. of Louisiana Stock Performance

HFBL traded down $0.10 during trading on Thursday, reaching $24.00. 1,341 shares of the company's stock were exchanged, compared to its average volume of 2,911. Home Federal Bancorp, Inc. of Louisiana has a 1 year low of $14.14 and a 1 year high of $28.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $72.72 million, a P/E ratio of 12.00 and a beta of 0.41. The company's fifty day simple moving average is $24.89 and its 200-day simple moving average is $22.04.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The bank reported $0.46 EPS for the quarter. The business had revenue of $6.51 million during the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.56% and a return on equity of 10.69%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has an average rating of "Hold".

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank serves individuals, families, businesses and organizations primarily in northern Louisiana.

Home Federal Bank offers a range of traditional banking products and services, including deposit accounts, checking and savings accounts, certificates of deposit, residential mortgage loans, consumer loans, commercial real estate financing and other business lending.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.