On January 20, 2023, Heartland Financial USA, Inc. (trading symbol HTLF), declared a 7.1% dividend hike to $0.30 quarterly per share. This follows a 3.7% dividend increase by the company announced in the previous quarter. The new annual dividend rate of $1.20 per share yields 2.6% at a stock price of $46.36.
Heartland Financial (HTLF) Dividend history & statistics | |
Company name | Heartland Financial USA Inc |
Ticker symbol | HTLF |
ISIN-code | US42234Q1022 |
company website | https://www.htlf.com/ |
Sector | Financials |
Business | Regional Banks |
Dividend paid since | 1998 |
Track record (years increased) | 7 |
Payment Frequency | Quarterly dividend |
Dividend growth: 5 year average | 16.5% |
Next dividend per share | $0.30 |
Annual dividend per share | $1.20 |
Dividend yield* | 2.6% |
Stock price* | $46.36 |
YTD Total Return* | -0.6% |
Next ex-dividend date | February 9, 2023 |
Next payment date | February 28, 2023 |
Market cap (in $B)* | 1.97 |
Total dividend (in $B) | 0.05 |
© www.dividendhike.com | *As of January 20, 2023 |
The next HTLF dividend is payable on February 28, 2023, to stockholders of record at the close of business on February 10, 2023. The next ex-dividend date is February 9, 2023. The average dividend growth rate based on the last 5 years is 16.5% annually for HTLF. The company will now pay an estimated $51 million in dividends to shareholders every year.
Heartland Financial USA, Inc., operating under the brand name HTLF, is a bank holding company. HTLF has banks serving communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. Its Banks provide a range of commercial, small business, and consumer banking services to businesses, including public sector and non-profit entities. It provides traditional and non-traditional service channels, including online banking, mobile banking, and telephone banking. HTLF is committed to its core commercial business, supported by a strong retail operation, and provides a diversified line of financial services including treasury management, wealth management, investments and residential mortgage.