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 August 23, 2022, to shareholders of record on August 9, 2022. This decision reflects the company's commitment to returning value to shareholders while maintaining a balanced approach to growth and financial health. HomeStreet, headquartered in Seattle, specializes in real estate lending and banking services across the Western United States and Hawaii. The company’s subsidiary, HomeStreet Bank, recently won the 2022 'Best Small Bank' award in Washington.

Positive

• Quarterly dividend of $0.35 per share approved, enhancing shareholder returns.

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• None.

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors approved a $0.35 per share quarterly dividend. The dividend is payable on August 23, 2022 to shareholders of record at the close of business on August 9, 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/20220729005354/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, Inc. in 2022?

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

When is the dividend payable for HomeStreet, Inc.?

The dividend is payable on August 23, 2022.

Who are the shareholders of record for HomeStreet's dividend?

Shareholders of record are those on August 9, 2022.

What services does HomeStreet, Inc. provide?

HomeStreet, Inc. provides real estate lending, commercial and consumer banking services.