Horizon Bancorp (HBNC) Raises Quarterly Dividend 10% to $0.11; 1.6% Yield
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Horizon Bancorp Announces a 10.0% Quarterly Dividend Increase
December 22, 2016 12:57 PM ESTMICHIGAN CITY, Ind.--(BUSINESS WIRE)-- Horizon Bancorp (NASDAQ: HBNC) announced today that its Board of Directors has approved an increase in its quarterly dividend from 10 cents to 11 cents per share. This represents a 10.0% increase and a dividend yield of 1.58% based on the price per share of $27.91 as of the close of business on December 21, 2016. The dividend will be paid on January 20, 2017 to shareholders of record on January 6, 2017.
About Horizon
Horizon Bancorp is an independent, commercial bank holding company serving northern and central Indiana and southwest and central Michigan through its... More
