Harbor Bankshares Corporation provides various banking services in Maryland. The company offers personal checking, savings and investment, cards, individual retirement plans, certificate of deposits, mortgages, loans and lines of credit, online banking, bill pay, mobile banking, E-statement, telebanc, and interest rate services. It also provides business loans, remote deposit, positive pay, cash management, and merchant services. In addition, the company offers personal, home equity, installment, and VIP loans; home equity and overdraft lines of credit. Further, the company provides brokerage and insurance products. The company operates through six branch locations primarily serves the Baltimore, Maryland Metropolitan area. Harbor Bankshares Corporation was founded in 1982 and is based in Baltimore, Maryland.
Harbor Bankshares Dividend Announcement
• Harbor Bankshares announced a annually dividend of $1.00 per ordinary share which will be made payable on 2024-05-08. Ex dividend date: 2024-04-29
• Harbor Bankshares annual dividend for 2024 was $1.00
• Harbor Bankshares annual dividend for 2023 was $0.25
• Harbor Bankshares's trailing twelve-month (TTM) dividend yield is 8.16%
• Harbor Bankshares's payout ratio for the trailing twelve months (TTM) is 4.46%
Harbor Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | $1.00 | annually | 2024-05-08 |
2023-05-26 | $0.25 | annually | 2023-06-07 |
Harbor Bankshares Dividend per year
Harbor Bankshares Dividend Yield
Harbor Bankshares current trailing twelve-month (TTM) dividend yield is 8.16%. Interested in purchasing Harbor Bankshares stock? Use our calculator to estimate your expected dividend yield:
Harbor Bankshares Financial Ratios
Harbor Bankshares Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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