HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate, commercial, residential mortgages, and consumer loans, including indirect automobile lease loans. The company also originates, sells, and services residential mortgage loans. In addition, it provides a range of educational services, such as classes on small business, financial literacy, and personal enrichment. As of December 31, 2021, the company operated through a network of 30 full-service branches located in Massachusetts and Rhode Island, as well as commercial lending offices in each of Boston, Massachusetts, and Providence, Rhode Island. It also had administrative offices in Brockton, Massachusetts, as well as 5 ATM locations in Massachusetts. The company was founded in 1917 and is based in Brockton, Massachusetts.
HarborOne Bancorp Dividend Announcement
• HarborOne Bancorp announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-10-11
• HarborOne Bancorp annual dividend for 2024 was $0.32
• HarborOne Bancorp annual dividend for 2023 was $0.22
• HarborOne Bancorp's trailing twelve-month (TTM) dividend yield is 2.95%
• HarborOne Bancorp's payout ratio for the trailing twelve months (TTM) is 113.66%
HarborOne Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $0.08 | quarterly | 2024-10-28 |
2024-07-10 | $0.08 | quarterly | 2024-07-24 |
2024-04-09 | $0.08 | quarterly | 2024-04-24 |
2024-01-03 | $0.07 | quarterly | 2024-01-18 |
2023-10-13 | $0.07 | quarterly | 2023-10-30 |
2023-07-11 | $0.07 | quarterly | 2023-07-26 |
2023-04-11 | $0.07 | quarterly | 2023-04-26 |
2022-12-30 | $0.07 | quarterly | 2023-01-17 |
2022-10-11 | $0.07 | quarterly | 2022-10-26 |
2022-07-12 | $0.07 | quarterly | 2022-07-27 |
2022-04-12 | $0.07 | quarterly | 2022-04-27 |
2022-01-03 | $0.05 | quarterly | 2022-01-18 |
2021-10-12 | $0.05 | quarterly | 2021-10-27 |
2021-07-13 | $0.05 | quarterly | 2021-07-28 |
2021-04-13 | $0.05 | quarterly | 2021-04-28 |
2020-12-31 | $0.03 | quarterly | 2021-01-18 |
2020-10-13 | $0.03 | quarterly | 2020-10-28 |
2020-07-13 | $0.03 | quarterly | 2020-07-28 |
HarborOne Bancorp Dividend per year
HarborOne Bancorp Dividend growth
HarborOne Bancorp Dividend Yield
HarborOne Bancorp current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing HarborOne Bancorp stock? Use our calculator to estimate your expected dividend yield:
HarborOne Bancorp Financial Ratios
HarborOne Bancorp Dividend FAQ
Other factors to consider when evaluating HarborOne Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: HarborOne Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, HarborOne Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, HarborOne Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from HarborOne Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: HarborOne Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, HarborOne Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HarborOne Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of HarborOne Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review HarborOne Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.