Horizon Bancorp (HBNC) Raises Quarterly Dividend 6.7% to $0.16; 3.7% Yield

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Go back to Horizon Bancorp (HBNC) Raises Quarterly Dividend 6.7% to $0.16; 3.7% Yield

Horizon Bancorp, Inc. Increases Quarterly Dividend by 6.67% to $0.16 per Share

June 24, 2022 1:21 PM EDT

MICHIGAN CITY, Ind., June 24, 2022 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (NASDAQ GS: HBNC) announced that its Board of Directors approved a 6.67% increase in its quarterly cash dividend from $0.15 to $0.16 per share.

Horizons quarterly dividend will next be payable on July 22, 2022 to common stockholders of record as of July 8, 2022.

This dividend increase reflects the strength and profitability of our business, and further enhances what we believe is the compelling value proposition presented by Horizons recent share price, Chairman and CEO Craig M. Dwight said. Horizons balance sheet,... More