Horizon Bancorp (HBNC) Raises Quarterly Dividend 18.2% to $0.13; 1.9% Yield

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Go back to Horizon Bancorp (HBNC) Raises Quarterly Dividend 18.2% to $0.13; 1.9% Yield

Horizon Bancorp Announces an 18.2% Quarterly Dividend Increase

June 13, 2017 4:59 PM EDT

MICHIGAN CITY, Ind., June 13, 2017 (GLOBE NEWSWIRE) -- Horizon Bancorp (NASDAQ: HBNC) announced today that its Board of Directors has approved an increase in its quarterly dividend from 11 cents to 13 cents per share. This represents an 18.2% increase and a dividend yield of 1.92% based on the price per share of $27.08 as of the close of business on June 12, 2017.  The dividend will be paid on July 21, 2017 to shareholders of record on July 7, 2017.

About Horizon BancorpHorizon Bancorp is an independent, commercial bank holding company serving northern and central Indiana, southwest and central... More