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SHREVEPORT, La. - Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) announced Wednesday its Board of Directors has declared a quarterly cash dividend of $0.135 per share on the company’s common stock. The dividend represents a 3.93% yield based on current share price, with the stock trading near Fair Value according to InvestingPro analysis.
The dividend will be payable on August 18, 2025, to shareholders of record at the close of business on August 4, 2025, according to a company press release.
This marks Home Federal Bancorp’s twelfth consecutive annual dividend increase and its 81st consecutive quarterly cash dividend. The company reported the current dividend reflects a payout ratio of approximately 49.5% based on earnings for the trailing four fiscal quarters ended March 31, 2025.
"This twelfth consecutive annual increase in our dividend rate reflects our continued commitment to creating value for our shareholders and confidence in the financial strength and long-term prospects for our Company," said James R. Barlow, Chairman of the Board, President and Chief Executive Officer.
Home Federal Bancorp is the holding company for Home Federal Bank, which operates ten full-service banking offices and a home office in northwest Louisiana.
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