Heartland Banccorp (HLAN) Declares $0.57 Quarterly Dividend; 4.1% Yield

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Go back to Heartland Banccorp (HLAN) Declares $0.57 Quarterly Dividend; 4.1% Yield

Heartland BancCorp Earns $2.9 Million in First Quarter 2020; Declares Quarterly Cash Dividend of $0.57 per Share; Announces COVID-19 Preparations

April 28, 2020 4:00 PM EDT

WHITEHALL, Ohio, April 28, 2020 (GLOBE NEWSWIRE) -- Heartland BancCorp (the company, and the bank) (OTCQX: HLAN), today reported first quarter 2020 net income of $2.9 million, or $1.43 per diluted share. This compares to net income of $3.4 million, or $1.67 per diluted share, in the fourth quarter of 2019, and $3.0 million, or $1.45 per diluted share, in the first quarter of 2019. 

The company also announced its board of directors declared a quarterly cash dividend of $0.57 per share. The dividend will be payable July 10, 2020, to shareholders of record as of June 25, 2020. Heartland has paid regular quarterly cash dividends since... More