Home Federal Bancorp, Inc. of Louisiana Declares Quarterly Cash Dividend

Rhea-AI Summary

Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL) has declared a quarterly cash dividend of $0.12 per share on January 18, 2023. This dividend will be payable on February 13, 2023, to shareholders on record by January 30, 2023. The company operates nine full-service banking offices in northwest Louisiana, providing a range of financial services. The announcement reflects the company’s commitment to returning value to its shareholders while maintaining a stable operational presence in its region.

Positive

• Quarterly cash dividend of $0.12 per share declared.
• Dividend payment reflects company confidence in financial stability and shareholder value.

Negative

• None.

News Market Reaction – HFBL

+1.10%

+1.10% Session move

In the trading session that priced this news, HFBL gained 1.10%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHREVEPORT, La., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ: HFBL), the holding company for Home Federal Bank, announced today that its Board of Directors at their meeting on January 18, 2023, declared a quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on February 13, 2023, to the shareholders of record at the close of business on January 30, 2023.

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its nine full-service banking offices and home office in northwest Louisiana. Additional information is available at www.hfb.bank.

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” We undertake no obligation to update any forward-looking statements.

Contact:
Home Federal Bancorp, Inc. of Louisiana James R. Barlow, Chairman of the Board, President and Chief Executive Officer (318) 222-1145

FAQ

What is the dividend amount announced by Home Federal Bancorp (HFBL)?

The announced dividend amount is $0.12 per share.

When will the dividend for HFBL be paid?

The dividend will be paid on February 13, 2023.

What is the record date for HFBL's dividend payment?

The record date for the dividend payment is January 30, 2023.