HomeStreet Announces a Common Stock Dividend of $0.35 Per Share

Rhea-AI Summary

HomeStreet, Inc. (NASDAQ: HMST) announced a quarterly dividend of $0.35 per share, payable on November 22, 2022, to shareholders on record by November 8, 2022. The company, headquartered in Seattle, Washington, primarily engages in real estate lending and banking services across the Western United States and Hawaii. HomeStreet Bank recently earned the title of 'Best Small Bank' in Washington by Newsweek in 2022.

Positive

• Quarterly dividend of $0.35 per share demonstrates strong shareholder value.
• Recognition as 'Best Small Bank' in Washington enhances company reputation.

Negative

• None.

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced that the Board of Directors approved a $0.35 per share quarterly dividend. The dividend is payable on November 22, 2022 to shareholders of record at the close of business on November 8, 2022.

About HomeStreet, Inc.

HomeStreet, Inc. (Nasdaq:HMST) is a diversified financial services company headquartered in Seattle, Washington, serving consumers and businesses in the Western United States and Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. Its principal subsidiaries are HomeStreet Bank and HomeStreet Capital Corporation. HomeStreet Bank is the winner of the 2022 "Best Small Bank" in Washington Newsweek magazine award. Certain information about our business can be found on our investor relations web site, located at http://ir.homestreet.com. HomeStreet Bank is a member of the FDIC and an Equal Housing Lender.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221028005368/en/

Executive Vice President and Chief Financial Officer:

HomeStreet, Inc.

John Michel (206) 515-2291

john.michel@homestreet.com

http://ir.homestreet.com

or

Media Relations:

Misty Ford, 206-876-5506

misty.ford@homestreet.com

Source: HomeStreet, Inc.

FAQ

What is the dividend amount for HomeStreet in 2022?

HomeStreet, Inc. declared a quarterly dividend of $0.35 per share.

When will the dividend be paid?

The dividend will be payable on November 22, 2022.

What is the record date for HomeStreet's dividend?

The record date for the dividend is November 8, 2022.

What recognition did HomeStreet Bank receive in 2022?

HomeStreet Bank was awarded 'Best Small Bank' in Washington by Newsweek in 2022.