Heartland Financial USA, Inc. (HTLF) will raise its quarterly dividend from $0.10 to $0.11 per share.

The dividend is payable March 3, 2017, to stockholders of record at the close of business on February 17, 2017.

Lynn B. Fuller, Heartland's Chairman and Chief Executive Officer said, "We are very pleased to reward our shareholders with an increased dividend. The Heartland Board of Directors believes the company's strong capital position and exceptional earnings growth in recent years allow us to increase the dividend. We are proud that Heartland has paid a dividend every quarter since its inception in 1981."

Heartland Financial USA, Inc. provides banking, mortgage, private client, investment, insurance and consumer finance services to individuals and businesses.