Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock and Series E Preferred Stock Dividends
HTLF announced quarterly dividends for both common and preferred stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
HTLF announced quarterly dividends for both common and preferred stock. The company declared a common stock dividend of $0.30 per share, payable on November 26, 2024, to stockholders of record as of November 12, 2024. HTLF has maintained or increased its common stock dividend quarterly for over 40 years. Additionally, a Series E Preferred Stock dividend of $175 ($0.4375 per depositary share) was approved, payable January 15, 2025, to stockholders of record as of December 31, 2024.
Positive
- Maintained consistent quarterly dividend of $0.30 per share
- 40+ year track record of maintaining or increasing common stock dividend
- Additional preferred stock dividend of $0.4375 per depositary share
Negative
- None.
Details
News Market Reaction – HTLF
The recorded move for HTLF in the trading session of this news was -1.87%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, Oct. 24, 2024 (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
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
About HTLF
Heartland Financial USA, Inc., is a Denver, Colorado-based bank holding company operating under the brand name HTLF, with assets of
CONTACT:
Kevin L. Thompson
EVP, Chief Financial Officer
303-365-3813
kthompson@htlf.com
FAQ
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