Horizon Bancorp (HBNC) Raises Quarterly Dividend 15.4% to $0.15; 2% Yield

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Go back to Horizon Bancorp (HBNC) Raises Quarterly Dividend 15.4% to $0.15; 2% Yield

Horizon Bancorp Announces a 15.4% Quarterly Dividend Increase

March 21, 2018 11:30 AM EDT

MICHIGAN CITY, Ind., March 21, 2018 (GLOBE NEWSWIRE) -- Horizon Bancorp (NASDAQ: HBNC) announced today that its Board of Directors has approved an increase in its quarterly dividend from 13 cents to 15 cents per share. This represents a 15.4% increase and a dividend yield of 1.99% based on the price per share of $30.16 as of the close of business on March 20, 2018. The dividend will be paid on April 20, 2018 to shareholders of record on April 6, 2018.

About Horizon Bancorp Horizon Bancorp is a registered bank holding company serving the northern and... More