HomeStreet Announces a Common Stock Dividend of $0.35 Per Share

Rhea-AI Summary

HomeStreet, Inc. (NASDAQ: HMST) has declared a $0.35 per share quarterly dividend, payable on May 24, 2022, to shareholders on record as of May 10, 2022. This announcement reflects the company's ongoing commitment to delivering shareholder value. HomeStreet operates primarily in real estate lending and banking services across the Western United States and Hawaii, highlighting its strong market position. For more details, check the investor relations site at ir.homestreet.com.

Positive

• Dividend of $0.35 per share reinforces commitment to shareholder value.

Negative

• None.

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (Nasdaq: HMST) or (“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 May 24, 2022 to shareholders of record at the close of business on May 10, 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/20220428006122/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 HMST?

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

When will the dividend for HMST be paid?

The dividend will be paid on May 24, 2022.

What is the record date for HMST's dividend?

The record date for the dividend is May 10, 2022.