Heartland Banccorp (HLAN) to Issue Dividend Increase – $0.43 Per Share
Heartland Banccorp (OTCBB:HLAN) declared a quarterly dividend on Wednesday, July 19th, Zacks reports. Shareholders of record on Monday, September 25th will be given a dividend of 0.43 per share by the bank on Tuesday, October 10th. This represents a $1.72 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend is Friday, September 22nd. This is an increase from Heartland Banccorp’s previous quarterly dividend of $0.35.
Heartland Banccorp (OTCBB:HLAN) opened at 75.00 on Friday. Heartland Banccorp has a 12-month low of $53.00 and a 12-month high of $79.25. The company has a market cap of $119.18 million and a price-to-earnings ratio of 14.71. The firm’s 50-day moving average is $76.43 and its 200 day moving average is $76.12.
Separately, ValuEngine upgraded Heartland Banccorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
About Heartland Banccorp
Heartland BancCorp is a bank holding company of Heartland Bank (the Bank). The Bank operates approximately 12 full-service banking offices. The Bank provides commercial, small business and consumer banking services; alternative investment services; insurance services, and other financial products and services.
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