Honat Bancorp, Inc. operates as a holding company for The Honesdale National Bank that provides personal and business banking, and wealth management services. The company offers checking, savings, money market deposit, club, and savings accounts; certificates of deposit; individual retirement accounts; and debit and credit cards, as well as trust services. It also provides auto, personal, student, home equity, mortgages, and business loans; cash management, cards and payments, and merchant services; digital banking and financial planning services; and retirement and business solutions. The company operates twelve full-service offices in the counties of Wayne, Pike, Susquehanna, Lackawanna, and Luzerne. Honat Bancorp, Inc. was founded in 1836 and is headquartered in Honesdale, Pennsylvania.
Honat Bancorp Dividend Announcement
• Honat Bancorp announced a quarterly dividend of $0.71 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
• Honat Bancorp annual dividend for 2024 was $2.75
• Honat Bancorp annual dividend for 2023 was $2.63
• Honat Bancorp's trailing twelve-month (TTM) dividend yield is 2.41%
Honat Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.71 | quarterly | 2024-11-29 |
2024-08-15 | $0.68 | quarterly | 2024-08-30 |
2024-05-14 | $0.68 | quarterly | 2024-05-31 |
2024-02-14 | $0.68 | quarterly | 2024-02-29 |
2023-11-14 | $0.68 | quarterly | 2023-11-30 |
2023-08-14 | $0.65 | quarterly | 2023-08-31 |
2023-05-12 | $0.65 | quarterly | 2023-05-31 |
2023-02-14 | $0.65 | quarterly | 2023-02-28 |
2022-11-14 | $0.65 | quarterly | 2022-11-30 |
2022-08-12 | $0.62 | quarterly | 2022-08-31 |
2022-05-13 | $0.62 | quarterly | 2022-05-31 |
2022-02-14 | $0.62 | quarterly | 2022-02-28 |
2021-11-12 | $0.62 | quarterly | 2021-11-30 |
2021-08-13 | $0.48 | quarterly | 2021-08-31 |
2021-05-13 | $0.48 | quarterly | 2021-05-28 |
2021-02-11 | $0.48 | quarterly | 2021-02-26 |
Honat Bancorp Dividend per year
Honat Bancorp Dividend growth
Honat Bancorp Dividend Yield
Honat Bancorp current trailing twelve-month (TTM) dividend yield is 2.41%. Interested in purchasing Honat Bancorp stock? Use our calculator to estimate your expected dividend yield:
Honat Bancorp Financial Ratios
Honat Bancorp Dividend FAQ
Other factors to consider when evaluating Honat 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: Honat 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, Honat 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, Honat 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 Honat 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: Honat 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, Honat 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: Honat 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 Honat 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 Honat 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.