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Horizon Bancorp Indiana (HBNC) Raises Quarterly Dividend 5.9% to $0.18; 2.7% Yield

September 16, 2011 12:29 PM EDT
Horizon Bancorp Indiana (NASDAQ: HBNC) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 5.9% increase from the prior dividend of $0.17.

The dividend will be payable on October 14, 2011, to stockholders of record on September 30, 2011, with an ex-dividend date of September 28, 2011.

The annual yield on the dividend is 2.7 percent.


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