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 $0.12 per share, declared by its Board of Directors on April 19, 2023. This dividend will be paid on May 15, 2023, to shareholders recorded by the close of business on May 1, 2023. The company operates in northwest Louisiana, providing services through its nine full-service banking offices.

For more information, visit www.hfb.bank.

Positive

• Quarterly dividend of $0.12 per share enhances shareholder returns.

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• None.

SHREVEPORT, La., April 19, 2023 (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 19, 2023, declared a quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on May 15, 2023, to the shareholders of record at the close of business on May 1, 2023.

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 amount of the dividend declared by HFBL?

Home Federal Bancorp declared a dividend of $0.12 per share.

When will the dividend be paid to HFBL shareholders?

The dividend will be paid on May 15, 2023.

What is the record date for HFBL's dividend?

Shareholders must be on record by the close of business on May 1, 2023.

How frequently does Home Federal Bancorp pay dividends?

Home Federal Bancorp typically pays dividends quarterly.

Is the dividend declared by HFBL sustainable?

The sustainability of dividends is subject to the company's future financial performance.