Home Federal Bancorp, Inc. of Louisiana Declares Quarterly Cash Dividend

Rhea-AI Summary

Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL) announced a quarterly cash dividend of $0.10 per share, to be paid on May 16, 2022, to shareholders of record by the close of business on May 2, 2022. This dividend reflects the company's ongoing commitment to returning value to shareholders. Home Federal Bancorp operates nine full-service banking offices in northwest Louisiana, providing a range of financial services.

Positive

• Quarterly cash dividend of $0.10 per share declared.
• Dividend payment scheduled for May 16, 2022, reflecting shareholder value.

Negative

• None.

SHREVEPORT, La., April 20, 2022 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ: HFBL), the holding company for Home Federal Bank, announced today that its Board of Directors at their meeting on April 20, 2022, declared a quarterly cash dividend of $0.10 per share on the Company’s common stock. The dividend is payable on May 16, 2022, to the shareholders of record at the close of business on May 2, 2022.

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its nine full-service banking offices and home office in northwest Louisiana. Additional information is available at www.hfb.bank.

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” We undertake no obligation to update any forward-looking statements.

Contact:

Home Federal Bancorp, Inc. of Louisiana James R. Barlow, Chairman of the Board, President and Chief Executive Officer (318) 222-1145

FAQ

What is the dividend amount for HFBL?

The dividend amount is $0.10 per share.

When will the dividend be paid for HFBL?

The dividend will be paid on May 16, 2022.

What is the record date for HFBL's dividend?

The record date for the dividend is May 2, 2022.

How frequently does HFBL pay dividends?

HFBL pays dividends quarterly.

Is the dividend sustainable for HFBL?

The sustainability of the dividend can depend on the company's financial performance and earnings.