Home Bancorp (HBCP) Raises Quarterly Dividend 5% to $0.21; 2.3% Yield

Home Bancorp (NASDAQ: HBCP) declared a quarterly dividend of $0.21 per share, or $0.84 annualized. This is a 5% increase from the prior dividend of $0.20.

The dividend will be payable on May 17, 2019, to stockholders of record on May 6, 2019, with an ex-dividend date of May 3, 2019.

The annual yield on the dividend is 2.3 percent.

"Despite headwinds in the interest rate environment," stated John W. Bordelon, President and Chief Executive Officer of the Company and the Bank, "we posted a healthy ROA and ROE and continue to have a strong net interest margin."

"The second quarter promises to be an exciting one as we open an additional branch in Baton Rouge and relocate two existing branches to more prominent locations," continued Bordelon. "These branch moves give us greater access to highly-coveted businesses and individuals along the I-10/I-12 corridor."

For a dividend history and other dividend-related data on Home Bancorp (HBCP) click here.

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