Harford Bank offers commercial and retail banking products and services for individuals, businesses, and governmental units. It provides various deposit services, including checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. The company also offers various commercial loans, which include secured and unsecured loans for working capital, business expansion loans, and equipment and machinery purchase loans, as well as commercial mortgages secured by real estate, real estate construction loans, and real estate acquisition loans. In addition, it provides consumer loans, such as secured and unsecured loans for financing automobiles, boats, mobile homes, education, bill consolidation, and home improvements. Further, the company offers various other banking services, including mobile banking, automated teller machine, online banking with bill payment, cash management, commercial account remote deposit capture, safe deposit boxes, direct deposit of payroll and social security checks, and ACH origination services, as well as debit, gift, and credit cards. It operates through eight banking offices in Harford County, Maryland; and two banking offices in Cecil County, Maryland. The company was formerly known as Harford National Bank and changed its name to Harford Bank in July 2001. Harford Bank was founded in 1964 and is based in Aberdeen, Maryland.
Harford Bank Dividend Announcement
• Harford Bank announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-06
• Harford Bank annual dividend for 2024 was $0.69
• Harford Bank annual dividend for 2023 was $0.88
• Harford Bank's trailing twelve-month (TTM) dividend yield is 3.3%
• Harford Bank's payout ratio for the trailing twelve months (TTM) is 20.35%
• Harford Bank's dividend growth over the last five years (2018-2023) was 6.25% year
• Harford Bank's dividend growth over the last ten years (2013-2023) was 1.61% year
Harford Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | $0.23 | quarterly | 2024-09-27 |
| 2024-06-07 | $0.23 | quarterly | 2024-06-28 |
| 2024-03-01 | $0.23 | quarterly | 2024-03-22 |
| 2023-11-22 | $0.22 | quarterly | 2023-12-22 |
| 2023-08-24 | $0.22 | quarterly | 2023-09-22 |
| 2023-05-25 | $0.22 | quarterly | 2023-06-23 |
| 2023-02-23 | $0.22 | quarterly | 2023-03-24 |
| 2022-11-23 | $0.20 | quarterly | 2022-12-23 |
| 2022-08-25 | $0.19 | quarterly | 2022-09-23 |
| 2022-05-26 | $0.19 | quarterly | 2022-06-24 |
| 2022-02-25 | $0.19 | quarterly | 2022-03-25 |
| 2021-11-24 | $0.19 | quarterly | 2021-12-23 |
| 2021-10-28 | $0.30 | quarterly | 2021-11-16 |
| 2021-08-26 | $0.18 | quarterly | 2021-09-24 |
| 2021-05-27 | $0.18 | quarterly | 2021-06-25 |
| 2021-02-25 | $0.17 | quarterly | 2021-03-26 |
| 2020-11-25 | $0.17 | quarterly | 2020-12-23 |
| 2020-08-27 | $0.10 | quarterly | 2020-09-25 |
| 2020-05-28 | $0.08 | quarterly | 2020-06-26 |
| 2020-02-27 | $0.17 | quarterly | 2020-03-27 |
| 2019-11-27 | $0.17 | quarterly | 2019-12-27 |
| 2019-08-29 | $0.17 | quarterly | 2019-09-27 |
| 2019-05-30 | $0.17 | quarterly | 2019-06-28 |
| 2019-01-03 | $0.17 | quarterly | 2019-01-25 |
| 2018-10-04 | $0.17 | quarterly | 2018-10-26 |
| 2018-07-05 | $0.16 | quarterly | 2018-07-27 |
| 2018-04-05 | $0.16 | quarterly | 2018-04-27 |
| 2018-01-04 | $0.16 | quarterly | 2018-01-26 |
| 2017-10-05 | $0.16 | quarterly | 2017-10-27 |
| 2017-07-05 | $0.16 | quarterly | 2017-07-28 |
| 2017-04-05 | $0.16 | quarterly | 2017-04-28 |
| 2017-01-04 | $0.16 | quarterly | |
| 2016-10-05 | $0.16 | quarterly | |
| 2016-06-29 | $0.16 | quarterly | |
| 2016-03-30 | $0.16 | quarterly | |
| 2015-12-30 | $0.16 | quarterly | |
| 2015-09-30 | $0.16 | quarterly | |
| 2015-06-30 | $0.16 | quarterly | |
| 2015-03-31 | $0.16 | quarterly | |
| 2014-12-30 | $0.15 | quarterly | |
| 2014-11-12 | $0.30 | quarterly | |
| 2014-10-01 | $0.15 | quarterly | |
| 2014-07-01 | $0.15 | quarterly | |
| 2014-04-02 | $0.15 | quarterly | |
| 2013-12-31 | $0.15 | quarterly | |
| 2013-10-02 | $0.15 | quarterly | |
| 2013-07-02 | $0.15 | quarterly | |
| 2013-04-03 | $0.15 | quarterly | |
| 2013-01-02 | $0.15 | quarterly |
Harford Bank Dividend per year
Harford Bank Dividend growth
Harford Bank Dividend Yield
Harford Bank current trailing twelve-month (TTM) dividend yield is 3.3%. Interested in purchasing Harford Bank stock? Use our calculator to estimate your expected dividend yield:
Harford Bank Financial Ratios
P/E ratio7.82
PEG ratio-1.25
P/B ratio0.83
ROE11.00%
Payout ratio20.35%
Current ratio0.14
Quick ratio0.01
Cash Ratio0.13
Harford Bank Dividend FAQ
How much is the next Harford Bank dividend?
Harford Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Harford Bank dividend. The next Harford Bank dividend will be released in February, May, August, or November.
When is Harford Bank dividend paid?
Harford Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Harford Bank pay?
The specific amount of Harford Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Harford Bank's dividend history.
Does Harford Bank stock pay dividends?
Yes, Harford Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Harford Bank's dividend history.
How much dividend does Harford Bank pay?
Harford Bank paid $0.69 in 2024, $0.88 in 2023, $0.77 in 2022, $1.02 in 2021, and $0.52 in 2020.
How often does Harford Bank pay dividends?
Harford Bank typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Harford Bank's dividend yield?
The current dividend yield for Harford Bank is 3.3%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Harford Bank's exact dividend yield.
When does Harford Bank go ex dividend?
Harford Bank's ex-dividend date for the latest dividend was on 2024-09-06. Harford Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Harford Bank dividend paid?
Harford Bank pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Harford Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Harford Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Harford Bank dividend per share?
Harford Bank paid $0.69 per share in 2024 and $0.88 per share in 2023. The amount of dividend per share that Harford Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Harford Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Harford Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Harford Bank a dividend stock?
Yes, Harford Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Harford Bank a good dividend stock?
Whether Harford Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Harford Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Harford Bank 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.
Other factors to consider when evaluating Harford Bank 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.
Does Harford Bank pay dividends monthly?
Harford Bank typically pays dividends on a quarterly basis.
Does Harford Bank pay dividends quarterly?
Harford Bank currently pays dividends on a quarterly basis.
Has Harford Bank ever paid a dividend?
Yes, Harford Bank has a history of paying dividends to its shareholders. Harford Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Harford Bank dividend stocks?
To buy Harford Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Harford Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Harford Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Harford Bank pay dividends 2024?
Harford Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Harford Bank increase its dividend in 2024?
Decisions regarding Harford Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Harford Bank dividend overview you can look into the above table of dividend history.
How Harford Bank dividend works?
The Harford Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Harford Bank's dividend process works:
1. Determination of Dividend: Harford Bank'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, Harford Bank 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, Harford Bank 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 Harford Bank 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. Determination of Dividend: Harford Bank'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, Harford Bank 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, Harford Bank 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 Harford Bank 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.
How are Harford Bank dividends paid?
Harford Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Harford Bank 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, Harford Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Harford Bank 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.
1. Record Date: Harford Bank 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, Harford Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Harford Bank 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.
How many times does Harford Bank pay dividends?
Harford Bank typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Harford Bank pay dividends?
The general pattern is that Harford Bank pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Harford Bank dividend safe?
The safety of Harford Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Harford Bank'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 Harford Bank'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.
To assess the safety of Harford Bank'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 Harford Bank'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.