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

Rhea-AI Summary

Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL) announced on October 21, 2020, a quarterly cash dividend of $0.165 per share on its common stock. This dividend will be payable on November 16, 2020, to shareholders of record by the close of business on November 2, 2020.

The bank operates seven full-service offices in northwest Louisiana, providing various banking services to its community.

Positive

• Quarterly cash dividend of $0.165 per share strengthens shareholder returns.

Negative

• None.

News Market Reaction – HFBL

+0.31%

+0.31% Session move

In the trading session that priced this news, HFBL gained 0.31%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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SHREVEPORT, La., Oct. 21, 2020 (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 October 21, 2020, declared a quarterly cash dividend of $0.165 per share on the Company’s common stock. The dividend is payable on November 16, 2020, to the shareholders of record at the close of business on November 2, 2020.

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

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 declared by Home Federal Bancorp (HFBL)?

Home Federal Bancorp declared a dividend of $0.165 per share.

When will the dividend be paid for HFBL?

The dividend will be paid on November 16, 2020.

What is the record date for the HFBL dividend?

The record date for the dividend is November 2, 2020.

How often does Home Federal Bancorp (HFBL) pay dividends?

HFBL pays dividends quarterly.