Home BancShares (HOMB) Declares 8% Stock Dividend in Addition to Quarterly Cash Dividend
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Home BancShares, Inc. (Nasdaq: HOMB) Board of Directors declared an 8% stock dividend payable August 27, 2008 to shareholders of record August 13, 2008. In addition, the Board of Directors declared a regular $0.06 per share quarterly cash dividend payable September 12, 2008, to shareholders of record August 29, 2008. This cash dividend represents a $0.023 per share or 62% increase over the stock dividend adjusted $0.037 per share paid during the third quarter of the previous year.
Home BancShares, Inc. (HBI) is a financial holding company, which through its five wholly owned bank subsidiaries, offers a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities. [SM]
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