HMN Financial, Inc. Announces Dividend

Rhea-AI Summary

HMN Financial, Inc. (HMN) declares a quarterly dividend of $0.10 per share of common stock, payable on June 7, 2024. The company's future dividends are subject to the Board of Directors' discretion and various factors. HMN and Home Federal Savings Bank are based in Rochester, Minnesota, with multiple full-service offices across Minnesota, Iowa, and Wisconsin.

ROCHESTER, Minn., April 24, 2024 (GLOBE NEWSWIRE) -- HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF) today announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock, payable on June 7, 2024 to stockholders of record at the close of business on May 17, 2024. The declaration and amount of any future cash dividends remains subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.

General Information
HMN and Home Federal Savings Bank (the Bank) are headquartered in Rochester, Minnesota. The Bank operates twelve full service offices in Minnesota located in Albert Lea, Austin, Eagan, Kasson, La Crescent, Owatonna, Rochester (4), Spring Valley and Winona, one full service office in Marshalltown, Iowa, and one full service office in Pewaukee, Wisconsin. The Bank also operates two loan origination offices located in Sartell, Minnesota and La Crosse, Wisconsin.

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FAQ

When is HMN Financial, Inc. paying its quarterly dividend?

HMN Financial, Inc. (HMN) will pay a quarterly dividend of $0.10 per share on June 7, 2024.

Where is HMN Financial, Inc. headquartered?

HMN Financial, Inc. (HMN) is headquartered in Rochester, Minnesota.

How many full-service offices does Home Federal Savings Bank operate?

Home Federal Savings Bank, a part of HMN Financial, Inc., operates twelve full-service offices in Minnesota, one in Iowa, and one in Wisconsin.

What factors determine the declaration of future cash dividends by HMN Financial, Inc.?

The declaration of future cash dividends by HMN Financial, Inc. depends on factors like the Company’s results of operations, financial condition, capital requirements, regulatory restrictions, and business strategy.

What is the ticker symbol for HMN Financial, Inc.?

The ticker symbol for HMN Financial, Inc. is HMNF.