Home BancShares, Inc. Announces Second Quarter Cash Dividend

Rhea-AI Summary

Home BancShares, Inc. (NYSE: HOMB) has declared a regular quarterly cash dividend of $0.18 per share, which will be payable on June 7, 2023. This dividend reflects an increase of $0.015 per share, or 9.1%, compared to the $0.165 dividend from the second quarter of 2022. The announcement was made by John Allison, Chairman, highlighting that the company’s strong earnings have supported this consecutive dividend payment, marking the 68th consecutive quarterly dividend since going public in 2006. Home BancShares operates through its subsidiary, Centennial Bank, offering a range of banking services across several states, including Arkansas, Florida, Texas, South Alabama, and New York City.

Positive

• Dividend increase of $0.015 per share, or 9.1%.
• 68th consecutive quarterly dividend since 2006.
• Strong earnings support sustainable dividend payments.

Negative

• None.

CONWAY, Ark., April 26, 2023 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.18 per share quarterly cash dividend payable June 7, 2023, to shareholders of record May 17, 2023. This cash dividend represents a $0.015 per share, or 9.1%, increase over the $0.165 cash dividend paid during the second quarter of 2022.

“Our strong earnings allow us to continue to pay our quarterly dividend. This dividend represents the 68^th consecutive quarterly dividend since the Company went public in 2006,” said John Allison, Chairman.

Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, Texas, South Alabama and New York City. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.”

FOR MORE INFORMATION CONTACT:
Donna Townsell
Senior Executive Vice President &
Director of Investor Relations
(501) 328-4625

FAQ

What is the dividend amount for Home BancShares in 2023?

Home BancShares has declared a quarterly cash dividend of $0.18 per share.

When will the dividend be paid to shareholders for Home BancShares?

The dividend will be payable on June 7, 2023, to shareholders of record as of May 17, 2023.

How much was the increase in the dividend payment compared to last year?

The dividend was increased by $0.015 per share, or 9.1%, from the previous year's dividend of $0.165.

How many consecutive dividends has Home BancShares paid?

Home BancShares has paid 68 consecutive quarterly dividends since going public in 2006.