At the end of today, March 06, 2024, Home BancShares HOMB will distribute a dividend payout of $0.18 per share, translating to an annualized dividend yield of 2.91%. Shareholders who held the stock before the ex-dividend date on February 13, 2024 will benefit from this payout.
Home BancShares Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-13 | 4 | $0.18 | 2.91% | 2024-01-24 | 2024-02-14 | 2024-03-06 |
| 2023-11-14 | 4 | $0.18 | 3.56% | 2023-10-25 | 2023-11-15 | 2023-12-06 |
| 2023-08-15 | 4 | $0.18 | 3.12% | 2023-07-26 | 2023-08-16 | 2023-09-06 |
| 2023-05-16 | 4 | $0.18 | 3.42% | 2023-04-26 | 2023-05-17 | 2023-06-07 |
| 2023-02-14 | 4 | $0.18 | 3.21% | 2023-01-25 | 2023-02-15 | 2023-03-08 |
| 2022-11-15 | 4 | $0.17 | 2.7% | 2022-10-26 | 2022-11-16 | 2022-12-07 |
| 2022-08-16 | 4 | $0.17 | 2.91% | 2022-07-27 | 2022-08-17 | 2022-09-07 |
| 2022-05-17 | 4 | $0.17 | 3.03% | 2022-04-27 | 2022-05-18 | 2022-06-08 |
| 2022-02-15 | 4 | $0.17 | 2.72% | 2022-01-26 | 2022-02-16 | 2022-03-09 |
| 2021-11-16 | 4 | $0.14 | 2.31% | 2021-10-27 | 2021-11-17 | 2021-12-08 |
| 2021-08-10 | 4 | $0.14 | 2.55% | 2021-07-21 | 2021-08-11 | 2021-09-01 |
| 2021-05-11 | 4 | $0.14 | 2.12% | 2021-04-21 | 2021-05-12 | 2021-06-02 |
With a dividend yield that places it neither at the top nor the bottom, Home BancShares finds itself in the middle among its industry peers, while Truist Finl TFC boasts the highest annualized dividend yield at 5.61%.
Analyzing Home BancShares Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $0.53 in 2020 to $0.72 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Home BancShares
The earnings chart above shows that from 2020 to 2023, Home BancShares has experienced an increase in their earnings from $1.24 per share to $2.05 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article takes an in-depth look at Home BancShares's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.18 per share today, translating to an annualized dividend yield of 2.91%.
With a dividend yield that places it neither at the top nor the bottom, Home BancShares finds itself in the middle among its industry peers, while Truist Finl boasts the highest annualized dividend yield at 5.61%.
Given that Home BancShares has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
