Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Increases Dividend to $0.13 Per Share

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) declared a quarterly dividend on Wednesday, July 24th, Zacks reports. Shareholders of record on Monday, August 5th will be given a dividend of 0.13 per share by the bank on Monday, August 19th. This represents a $0.52 annualized dividend and a yield of 4.33%. The ex-dividend date is Monday, August 5th. This is a boost from Home Federal Bancorp, Inc. of Louisiana’s previous quarterly dividend of $0.13.

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

Home Federal Bancorp, Inc. of Louisiana Price Performance

Shares of NASDAQ:HFBL opened at $12.01 on Friday. Home Federal Bancorp, Inc. of Louisiana has a one year low of $10.60 and a one year high of $16.50. The stock has a fifty day moving average of $11.34 and a 200-day moving average of $12.21. The company has a market capitalization of $37.83 million, a PE ratio of 8.83 and a beta of 0.51. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 0.88.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last announced its earnings results on Friday, April 26th. The bank reported $0.24 earnings per share (EPS) for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 8.17% and a net margin of 12.62%. The company had revenue of $4.91 million for the quarter.

Insider Buying and Selling

In other Home Federal Bancorp, Inc. of Louisiana news, CFO Glen W. Brown sold 2,900 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $11.25, for a total transaction of $32,625.00. Following the completion of the sale, the chief financial officer now directly owns 8,418 shares of the company’s stock, valued at $94,702.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Glen W. Brown sold 2,900 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $11.25, for a total transaction of $32,625.00. Following the sale, the chief financial officer now owns 8,418 shares in the company, valued at $94,702.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Glen W. Brown sold 14,582 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $11.50, for a total transaction of $167,693.00. Following the completion of the sale, the chief financial officer now owns 5,396 shares of the company’s stock, valued at approximately $62,054. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,368 shares of company stock valued at $276,762. 24.80% of the stock is owned by corporate insiders.

Home Federal Bancorp, Inc. of Louisiana Company Profile

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.