HCB Financial Corp. operates as the bank holding company for Highpoint Community Bank that provides various banking products and services in Michigan. The company offers various personal banking services, including checking and savings accounts; mortgage, home equity, and personal loans; and overdraft services. It also provides business banking services comprising business checking and savings accounts; business loan services, such as real estate lending, lines of credit, and term loans; small business administration loans; other services consisting of sweep and courier banking services, merchant credit card services, night depository services, wire services, health savings accounts, and business mentoring; and overdraft and digital services. In addition, the company offers trust and investment services; electronic banking services, including mobile, telephone, and online banking, mobile deposit, eStatements, and bill pay services; and debit and ATM, credit, gift, and reloadable cards. Further, it provides wealth management services, including investment management, personal trust administration, estate administration, individual retirement account, asset protection and risk management, investment and retirement planning, financial planning, and asset accumulation. Additionally, the company offers insurance services, which include life, health, and disability insurance, and education planning; and annuities, bonds, IRAs, mutual funds, and stocks products. The company operates seven full-service banking offices in Barry County. HCB Financial Corp. was founded in 1886 and is headquartered in Hastings, Michigan.
HCB Financial Dividend Announcement
• HCB Financial announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-02
• HCB Financial annual dividend for 2024 was $0.82
• HCB Financial annual dividend for 2023 was $1.09
• HCB Financial's trailing twelve-month (TTM) dividend yield is 4.27%
• HCB Financial's dividend growth over the last five years (2018-2023) was 8.65% year
• HCB Financial's dividend growth over the last ten years (2013-2023) was 7.68% year
HCB Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-02 | $0.30 | quarterly | 2024-10-25 |
| 2024-07-01 | $0.26 | quarterly | 2024-07-22 |
| 2024-03-28 | $0.26 | quarterly | 2024-04-25 |
| 2023-12-29 | $0.46 | quarterly | 2024-01-29 |
| 2023-10-03 | $0.21 | quarterly | 2023-10-26 |
| 2023-07-05 | $0.21 | quarterly | 2023-07-27 |
| 2023-03-31 | $0.21 | quarterly | 2023-04-27 |
| 2022-12-29 | $0.34 | quarterly | 2023-01-27 |
| 2022-09-30 | $0.19 | quarterly | 2022-10-26 |
| 2022-07-05 | $0.19 | quarterly | 2022-07-27 |
| 2022-04-01 | $0.19 | quarterly | 2022-04-27 |
| 2021-12-29 | $0.29 | quarterly | 2022-01-27 |
| 2021-10-01 | $0.19 | quarterly | 2021-10-27 |
| 2021-07-02 | $0.19 | quarterly | 2021-07-28 |
| 2021-03-31 | $0.19 | quarterly | 2021-04-27 |
| 2020-12-30 | $0.34 | quarterly | 2021-01-28 |
| 2020-09-30 | $0.17 | quarterly | 2020-10-27 |
| 2020-06-29 | $0.17 | quarterly | 2020-07-28 |
| 2020-03-31 | $0.17 | quarterly | 2020-04-23 |
| 2019-12-30 | $0.27 | quarterly | 2020-01-28 |
| 2019-09-30 | $0.17 | quarterly | 2019-10-24 |
| 2019-06-27 | $0.17 | quarterly | 2019-07-26 |
| 2019-03-29 | $0.17 | quarterly | 2019-04-25 |
| 2018-12-28 | $0.27 | quarterly | 2019-01-28 |
| 2018-09-28 | $0.15 | quarterly | 2018-10-26 |
| 2018-06-28 | $0.15 | quarterly | 2018-07-26 |
| 2018-03-29 | $0.15 | quarterly | 2018-04-26 |
| 2017-12-29 | $0.25 | quarterly | 2018-01-25 |
| 2017-09-29 | $0.15 | quarterly | 2017-10-26 |
| 2017-06-28 | $0.15 | quarterly | 2017-07-27 |
| 2017-03-30 | $0.15 | quarterly | 2017-04-27 |
| 2016-12-28 | $0.20 | quarterly | 2017-01-26 |
| 2016-09-29 | $0.14 | quarterly | 2016-10-26 |
| 2016-06-28 | $0.14 | quarterly | 2016-07-28 |
| 2016-03-30 | $0.14 | quarterly | 2016-04-29 |
| 2015-12-28 | $0.18 | quarterly | |
| 2015-09-28 | $0.14 | quarterly | |
| 2015-06-26 | $0.14 | quarterly | |
| 2015-03-30 | $0.14 | quarterly | |
| 2014-12-26 | $0.18 | quarterly | |
| 2014-09-26 | $0.13 | quarterly | |
| 2014-06-26 | $0.13 | quarterly | |
| 2014-03-28 | $0.13 | quarterly | |
| 2013-12-24 | $0.13 | quarterly | |
| 2013-09-26 | $0.13 | quarterly | |
| 2013-06-26 | $0.13 | quarterly | |
| 2013-03-27 | $0.13 | quarterly |
HCB Financial Dividend per year
HCB Financial Dividend growth
HCB Financial Dividend Yield
HCB Financial current trailing twelve-month (TTM) dividend yield is 4.27%. Interested in purchasing HCB Financial stock? Use our calculator to estimate your expected dividend yield:
HCB Financial Financial Ratios
P/E ratio5.41
PEG ratio0.76
P/B ratio0.78
ROE15.19%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
HCB Financial Dividend FAQ
How much is the next HCB Financial dividend?
HCB Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next HCB Financial dividend. The next HCB Financial dividend will be released in March, July, October, or December.
When is HCB Financial dividend paid?
HCB Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, July, October, and December. 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 HCB Financial pay?
The specific amount of HCB Financial 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 HCB Financial's dividend history.
Does HCB Financial stock pay dividends?
Yes, HCB Financial 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 HCB Financial's dividend history.
How much dividend does HCB Financial pay?
HCB Financial paid $0.82 in 2024, $1.09 in 2023, $0.91 in 2022, $0.86 in 2021, and $0.85 in 2020.
How often does HCB Financial pay dividends?
HCB Financial 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 March, July, October, and December.
What is HCB Financial's dividend yield?
The current dividend yield for HCB Financial is 4.27%. 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 HCB Financial's exact dividend yield.
When does HCB Financial go ex dividend?
HCB Financial's ex-dividend date for the latest dividend was on 2024-10-02. HCB Financial 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 HCB Financial dividend paid?
HCB Financial pays dividends on a quarterly basis, typically around March, July, October, or December, but the exact dates can vary each year.
Will HCB Financial 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 HCB Financial 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 HCB Financial dividend per share?
HCB Financial paid $0.82 per share in 2024 and $1.09 per share in 2023. The amount of dividend per share that HCB Financial 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 HCB Financial 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 HCB Financial 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 HCB Financial a dividend stock?
Yes, HCB Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is HCB Financial a good dividend stock?
Whether HCB Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. HCB Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating HCB Financial 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 HCB Financial 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 HCB Financial pay dividends monthly?
HCB Financial typically pays dividends on a quarterly basis.
Does HCB Financial pay dividends quarterly?
HCB Financial currently pays dividends on a quarterly basis.
Has HCB Financial ever paid a dividend?
Yes, HCB Financial has a history of paying dividends to its shareholders. HCB Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy HCB Financial dividend stocks?
To buy HCB Financial 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 HCB Financial 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 HCB Financial 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 HCB Financial pay dividends 2024?
HCB Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-25. 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 HCB Financial increase its dividend in 2024?
Decisions regarding HCB Financial 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 HCB Financial dividend overview you can look into the above table of dividend history.
How HCB Financial dividend works?
The HCB Financial 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 HCB Financial's dividend process works:
1. Determination of Dividend: HCB Financial'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, HCB Financial 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, HCB Financial 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 HCB Financial 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: HCB Financial'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, HCB Financial 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, HCB Financial 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 HCB Financial 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 HCB Financial dividends paid?
HCB Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: HCB Financial 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, HCB Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HCB Financial 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: HCB Financial 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, HCB Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HCB Financial 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 HCB Financial pay dividends?
HCB Financial 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 HCB Financial pay dividends?
The general pattern is that HCB Financial pays dividends around March, July, October, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is HCB Financial dividend safe?
The safety of HCB Financial'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 HCB Financial'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 HCB Financial'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 HCB Financial'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 HCB Financial'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.