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Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock and Series E Preferred Stock Dividends
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
HTLF announces quarterly cash dividend on common stock and dividend for Series E Preferred Stock
Positive
HTLF has increased or maintained its common stock dividend every quarter for more than 40 years.
The quarterly cash dividend on common stock is $0.30 per share.
The dividend for Series E Preferred Stock is $0.4375 per depositary share.
Negative
None.
DENVER, Oct. 18, 2023 (GLOBE NEWSWIRE) --
Common Stock Dividend Heartland Financial USA, Inc. (NASDAQ: HTLF), operating under the brand name HTLF, announced its Board of Directors approved a quarterly cash dividend on common stock of $0.30 per share. The dividend is payable on November 29, 2023, to stockholders of record at the close of business on November 14, 2023.
HTLF has increased or maintained its common stock dividend every quarter for more than 40 years.
Series E Preferred Stock Dividend The Board of Directors also approved a dividend of $175 for Series E Preferred Stock (NASDAQ: HTLFP), which results in a dividend of $0.4375 per depositary share. The dividend is payable on January 16, 2024, to stockholders of record at the close of business on December 31, 2023.
About HTLF Heartland Financial USA, Inc., operating under the brand name HTLF, is a Denver, Colorado-based bank holding company with assets of $20.22 billion as of June 30, 2023. HTLF’s banks serve communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. HTLF is committed to its core commercial business, supported by a strong retail operation, and provides a diversified line of financial services including treasury management, wealth management, investments and residential mortgage. Additional information is available at www.htlf.com.
founded in 1981, heartland financial usa, inc. is a $6.8 billion diversified financial services company offering uniquely different banking solutions for business and personal clients. heartland currently has 89 banking locations in 68 communities in iowa, illinois, wisconsin, new mexico, arizona, montana, colorado, minnesota, kansas, missouri and texas, with loan production offices in california, nevada and idaho. other business lines include: - trust, investment management and retirement plan services – offered through the wealth management group. - brokerage and investment services – provided through lpl financial institution services - consumer finance services – provided by citizens finance co. - home mortgage loans - provided by heartland mortgage the heartland vision is to differentiate itself by highlighting its uniqueness as a commercial banking organization supported by a strong retail delivery system. as one of the top 100 bank holding companies nationwide, heartland