Home BancShares, Inc. Announces Third Quarter Cash Dividend

Rhea-AI Summary

Home BancShares, Inc. (HOMB) announced a quarterly cash dividend of $0.14 per share, payable on September 1, 2021. Shareholders of record by August 11, 2021 will receive this dividend, which remains consistent with the prior quarters of 2021. As a bank holding company, it operates through Centennial Bank, providing a wide range of financial services across several states, including Arkansas and Florida.

Positive

• Consistent quarterly cash dividend of $0.14 per share enhances shareholder income.
• Stable dividend reflects confidence in the company's financial health.

Negative

• None.

CONWAY, Ark., July 21, 2021 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ GS: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.14 per share quarterly cash dividend payable September 1, 2021, to shareholders of record August 11, 2021. The cash dividend remains consistent with the dividend paid during the first and second quarters of 2021.

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, South Alabama and New York City. The Company’s common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.”

This release may contain forward-looking statements regarding the Company’s plans, expectations, goals and outlook for the future. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements. These factors include, but are not limited to, the following:  economic conditions, credit quality, interest rates, loan demand, real estate values and unemployment; disruptions, uncertainties and related effects on our business and operations as a result of the ongoing coronavirus (COVID-19) pandemic and measures that have been or may be implemented or imposed in response to the pandemic, including the impact on, among other things, credit quality and liquidity; the ability to identify, complete and successfully integrate new acquisitions; legislative and regulatory changes and risks and expenses associated with current and future legislation and regulations, including those in response to the COVID-19 pandemic; technological changes and cybersecurity risks; the effects of changes in accounting policies and practices; changes in governmental monetary and fiscal policies; political instability; competition from other financial institutions; potential claims, expenses and other adverse effects related to current or future litigation, regulatory examinations or other government actions; changes in the assumptions used in making the forward-looking statements; and other factors described in reports we file with the Securities and Exchange Commission (the “SEC”), including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on February 26, 2021.

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

FAQ

When is the dividend payment date for HOMB?

The dividend payment date for HOMB is September 1, 2021.

What is the amount of the quarterly dividend declared by Home BancShares?

Home BancShares declared a quarterly dividend of $0.14 per share.

What are the record dates for the HOMB dividend?

The record date for the HOMB dividend is August 11, 2021.

Is the dividend from Home BancShares consistent with previous payments?

Yes, the dividend remains consistent with the first and second quarters of 2021.