Horizon Bancorp Dividends and Buybacks
Dividend criteria checks 4/6
Horizon Bancorp is a dividend paying company with a current yield of 3.48%.
Key information
3.5%
Dividend yield
-0.005%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.640 |
| Payout ratio | 133% |
Recent dividend and buyback updates
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16
Sep 24
Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Recent updates
Horizon Bancorp (NASDAQ:HBNC) Will Pay A Dividend Of $0.16
Sep 24Horizon Bancorp: Attractive Dividend Yield And A Positive Earnings Outlook
May 03Horizon Bancorp: All In All, A Positive Q4 2023
Jan 31Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Horizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To $0.16
Jan 03Horizon Bancorp goes ex dividend tomorrow
Oct 05Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Oct 02Horizon Bancorp: Strong Loan Growth To Lift Earnings
Aug 25Horizon Bancorp (NASDAQ:HBNC) Ticks All The Boxes When It Comes To Earnings Growth
Aug 16Horizon Bancorp Non-GAAP EPS of $0.57 beats by $0.05, revenue of $65.44M beats by $1.71M
Jul 27Horizon Bancorp's (NASDAQ:HBNC) Dividend Will Be Increased To US$0.16
Jun 30Horizon Bancorp: Loan Growth Likely To Boost The Bottom Line
Jun 10Horizon Bancorp's (NASDAQ:HBNC) Upcoming Dividend Will Be Larger Than Last Year's
Mar 24Horizon Bancorp: Strong Topline Growth On The Cards
Mar 13Does Horizon Bancorp (NASDAQ:HBNC) Deserve A Spot On Your Watchlist?
Mar 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HBNC's dividends per share have been stable in the past 10 years.
Growing Dividend: HBNC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Horizon Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HBNC) | 3.5% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (HBNC) (up to 3 years) | 3.8% |
Notable Dividend: HBNC's dividend (3.48%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: HBNC's dividend (3.48%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (132.5%), HBNC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HBNC's dividends in 3 years are forecast to be well covered by earnings (39.1% payout ratio).