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 February 22, 2023, to shareholders of record as of February 8, 2023. The company continues its commitment to returning value to shareholders while maintaining a diversified financial services operation, focusing on real estate lending and commercial and consumer banking. Recently recognized by Newsweek as the "Best Small Bank" in Washington in 2022, HomeStreet aims to enhance its standing in the financial sector and provide significant income to investors.

Positive

• Quarterly dividend of $0.35 per share boosts shareholder income.
• Recognized as 'Best Small Bank' in Washington by Newsweek.
• Continued commitment to returning value to shareholders.

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 February 22, 2023 to shareholders of record at the close of business on February 8, 2023.

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/20230126005974/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 declared by HomeStreet, Inc. for February 2023?

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

When is the dividend payable to shareholders?

The dividend is payable on February 22, 2023.

What is the record date for HomeStreet's February 2023 dividend?

The record date for the dividend is February 8, 2023.

What recognition did HomeStreet, Inc. receive recently?

HomeStreet was recognized as the 'Best Small Bank' in Washington by Newsweek in 2022.

How does HomeStreet, Inc. support its shareholders?

HomeStreet supports its shareholders through regular dividend payments and maintaining a diversified financial services operation.