Home BancShares Ups Dividend by 2.6% Following Strong First Quarter

Published 3 hours agoHOMB

Home BancShares Ups Dividend by 2.6% Following Strong First Quarter

Home BancShares, Inc. has announced a 2.6% increase in its quarterly cash dividend, boosting the dividend from $0.195 to $0.20 per share. This adjustment, aimed at rewarding shareholders, underscores the company's firm financial performance. Contrary to some reports, the increase is 2.6%, not 3%.

The increased dividend is set to be paid on June 4, 2025, to shareholders recorded by May 14, 2025, demonstrating Home BancShares' ongoing commitment to delivering shareholder value. This move comes in the aftermath of record-setting performance in the first quarter of 2025, a continuation of the company's successful financial trajectory in 2024.

Home BancShares, operating through its subsidiary Centennial Bank, offers banking services across Arkansas, Florida, Texas, South Alabama, and New York City. The company's strategy focuses on regional growth and maintaining robust financial health, as evidenced by its steady dividend payout strategy.

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