The dividend is payable on August 6, 2018, to the shareholders of record at the close of business on July 23, 2018. The new dividend yield for HFBL is 1.8%.

James R. Barlow, President and Chief Executive Officer, stated, “This fifth annual increase in our dividend rate, and 53(rd) consecutive quarterly cash dividend since the Company’s initial public offering in 2005, reflects our continued commitment to creating value for our shareholders and confidence in the financial strength and long-term prospects for our Company.  Based on our earnings for the quarter ended March 31, 2018, the increase in our quarterly dividend rate reflects a payout ratio of approximately 25%.”

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its full-service banking offices and home office in northwest Louisiana. The Bank is a federally chartered stock savings bank, which provides financial services to individuals, corporate entities and other organizations.