Home Federal Bancorp, Inc. of Louisiana Declares Quarterly Cash Dividend
21 Juillet 2022 - 10:30PM
Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ:
HFBL), the holding company for Home Federal Bank, announced today
that its Board of Directors at their meeting on July 21, 2022,
declared a quarterly cash dividend of $0.12 per share on the
Company’s common stock. The dividend is payable on August 15, 2022,
to the shareholders of record at the close of business on August 1,
2022.
James R. Barlow, Chairman of the Board,
President and Chief Executive Officer, stated, “This ninth annual
increase in our dividend rate, and 69th consecutive quarterly cash
dividend, reflects our continued commitment to creating value for
our shareholders and confidence in the financial strength and
long-term prospects for our Company. This represents a 20% increase
in the dividend rate and, based on our earnings for the quarter
ended March 31, 2022, the increase reflects a payout ratio of
approximately 32%.”
Home Federal Bancorp, Inc. of Louisiana is the
holding company for Home Federal Bank which conducts business from
its nine full-service banking offices and home office in northwest
Louisiana. Additional information is available at
www.hfbla.com.
Statements contained in this news release which
are not historical facts may be forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements can be identified by the fact that
they do not relate strictly to historical or current facts. They
often include words like “believe,” “expect,” “anticipate,”
“estimate” and “intend” or future or conditional verbs such as
“will,” “would,” “should,” “could” or “may.” We undertake no
obligation to update any forward-looking statements.
Contact: |
Home Federal Bancorp, Inc. of LouisianaJames R. Barlow, Chairman of
the Board, President and Chief Executive Officer(318)
222-1145 |
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