Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Declares $0.13 Quarterly Dividend

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) declared a quarterly dividend on Wednesday, April 17th, investing.com reports. Shareholders of record on Monday, April 29th will be given a dividend of 0.125 per share by the bank on Monday, May 13th. This represents a $0.50 annualized dividend and a yield of 4.24%. The ex-dividend date is Friday, April 26th.

Home Federal Bancorp, Inc. of Louisiana has increased its dividend by an average of 14.7% per year over the last three years and has raised its dividend annually for the last 10 consecutive years.

Home Federal Bancorp, Inc. of Louisiana Trading Up 1.4 %

NASDAQ:HFBL opened at $11.79 on Thursday. Home Federal Bancorp, Inc. of Louisiana has a 1 year low of $11.54 and a 1 year high of $21.80. The stock has a market capitalization of $37.02 million, a price-to-earnings ratio of 8.08 and a beta of 0.49. The stock has a fifty day moving average price of $12.50 and a two-hundred day moving average price of $13.10. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.87 and a current ratio of 0.88.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last announced its quarterly earnings results on Thursday, January 25th. The bank reported $0.33 earnings per share for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 8.92% and a net margin of 13.98%. The business had revenue of $5.04 million during the quarter.

Insider Activity

In other news, Director Timothy W. Wilhite sold 10,000 shares of the firm’s stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $12.20, for a total value of $122,000.00. Following the completion of the transaction, the director now owns 37,896 shares in the company, valued at $462,331.20. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 24.80% of the company’s stock.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations. The company accepts various deposits, such as passbook savings, certificates of deposit, and demand deposit accounts.