Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) to Issue Quarterly Dividend of $0.15

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) announced a quarterly dividend on Wednesday, October 21st. Stockholders of record on Monday, November 2nd will be given a dividend of $0.15 per share by the bank on Monday, November 16th. This represents a $0.60 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, November 2nd.

Home Federal Bancorp, Inc. of Louisiana has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 11 years.

Home Federal Bancorp, Inc. of Louisiana Price Performance

Shares of HFBL stock traded down $0.10 during mid-day trading on Thursday, hitting $24.00. 1,341 shares of the stock were exchanged, compared to its average volume of 2,911. Home Federal Bancorp, Inc. of Louisiana has a 52-week low of $14.14 and a 52-week high of $28.00. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The company has a market cap of $72.72 million, a PE ratio of 12.00 and a beta of 0.41. The firm has a fifty day moving average of $24.89 and a 200 day moving average of $22.04.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $0.46 earnings per share (EPS) for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 10.69% and a net margin of 17.56%. The company had revenue of $6.51 million for the quarter.

Institutional Trading of Home Federal Bancorp, Inc. of Louisiana

An institutional investor recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. bought a new position in shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned approximately 0.23% of Home Federal Bancorp, Inc. of Louisiana as of its most recent SEC filing. Hedge funds and other institutional investors own 21.12% of the company’s stock.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank serves individuals, families, businesses and organizations primarily in northern Louisiana.

Home Federal Bank offers a range of traditional banking products and services, including deposit accounts, checking and savings accounts, certificates of deposit, residential mortgage loans, consumer loans, commercial real estate financing and other business lending.