Hilltop Holdings (HTH) Initiates Qtr. Dividend at 6c/Share; Yields 1%

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Go back to Hilltop Holdings (HTH) Initiates Qtr. Dividend at 6c/Share; Yields 1%

Hilltop Holdings Inc. Announces Financial Results for Third Quarter 2016

October 27, 2016 5:05 PM EDT

DALLAS--(BUSINESS WIRE)-- Hilltop Holdings Inc. (NYSE: HTH) (Hilltop) today announced financial results for the third quarter of 2016. Hilltop produced income of $51.9 million, or $0.53 per diluted share, for the third quarter of 2016, compared to $46.9 million, or $0.47 per diluted share, for the third quarter of 2015. Hilltops annualized return on average assets and return on average equity for the third quarter of 2016 were 1.69% and 11.41%, respectively, compared to 1.49% and 10.97%, respectively, for the third quarter of 2015.

Hilltop also announced that, for the first time in its history, it will now start paying a quarterly dividend. Hilltops... More