HMN Financial, Inc. (NASDAQ:HMNF - Get Free Report) announced a quarterly dividend on Wednesday, April 24th, Zacks reports. Investors of record on Friday, May 17th will be paid a dividend of 0.10 per share by the bank on Friday, June 7th. This represents a $0.40 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Thursday, May 16th. This is an increase from HMN Financial's previous quarterly dividend of $0.08.
HMN Financial Stock Down 1.5 %
Shares of NASDAQ:HMNF traded down $0.29 during mid-day trading on Friday, hitting $19.60. 1,067 shares of the company traded hands, compared to its average volume of 2,837. The firm has a market cap of $87.42 million, a P/E ratio of 15.04 and a beta of 0.15. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.87 and a current ratio of 0.88. HMN Financial has a 52-week low of $17.31 and a 52-week high of $24.95. The firm's 50 day simple moving average is $20.20 and its 200 day simple moving average is $20.40.
HMN Financial (NASDAQ:HMNF - Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The bank reported $0.33 earnings per share for the quarter. HMN Financial had a return on equity of 5.48% and a net margin of 10.57%. The firm had revenue of $9.36 million during the quarter.
Analyst Upgrades and Downgrades
Separately, TheStreet lowered HMN Financial from a "b-" rating to a "c+" rating in a research note on Friday, March 8th.
View Our Latest Stock Analysis on HMN Financial
HMN Financial Company Profile
(
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HMN Financial, Inc operates as a bank holding company for Home Federal Savings Bank that provides various retail banking products and services. The company offers various deposit accounts, such as savings, interest bearing checking, non-interest-bearing checking, money market, individual retirement, and certificate accounts.
Further Reading
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