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Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

Horizon Bancorp Dividend Announcement

Horizon Bancorp announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-04
Horizon Bancorp annual dividend for 2024 was $0.64
Horizon Bancorp annual dividend for 2023 was $0.64
Horizon Bancorp's trailing twelve-month (TTM) dividend yield is 3.45%
Horizon Bancorp's payout ratio for the trailing twelve months (TTM) is 134.32%
Horizon Bancorp's dividend growth over the last five years (2018-2023) was 5.92% year
Horizon Bancorp's dividend growth over the last ten years (2013-2023) was 4.30% year

Horizon Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-04$0.16quarterly2024-10-18
2024-07-05$0.16quarterly2024-07-19
2024-04-04$0.16quarterly2024-04-19
2024-01-04$0.16quarterly2024-01-19
2023-10-05$0.16quarterly2023-10-20
2023-07-06$0.16quarterly2023-07-21
2023-04-05$0.16quarterly2023-04-21
2023-01-05$0.16quarterly2023-01-20
2022-10-06$0.16quarterly2022-10-21
2022-07-07$0.16quarterly2022-07-22
2022-04-07$0.15quarterly2022-04-22
2022-01-06$0.15quarterly2022-01-21
2021-10-07$0.15quarterly2021-10-22
2021-07-01$0.13quarterly2021-07-16
2021-03-31$0.13quarterly2021-04-16
2021-01-07$0.12quarterly2021-01-22
2020-10-01$0.12quarterly2020-10-16
2020-07-01$0.12quarterly2020-07-17
2020-04-02$0.12quarterly2020-04-17
2020-01-02$0.12quarterly2020-01-17
2019-10-03$0.12quarterly2019-10-18
2019-07-03$0.12quarterly2019-07-19
2019-04-04$0.10quarterly2019-04-19
2019-01-03$0.10quarterly2019-01-18
2018-10-04$0.10quarterly2018-10-19
2018-07-05$0.10quarterly2018-07-20
2018-04-05$0.15quarterly2018-04-20
2018-01-04$0.13quarterly2018-01-19
2017-10-05$0.13quarterly2017-10-20
2017-07-05$0.13quarterly2017-07-21
2017-04-05$0.11quarterly2017-04-21
2017-01-04$0.11quarterly2017-01-20
2016-10-05$0.15quarterly2016-10-21
2016-07-06$0.15quarterly2016-07-22
2016-04-06$0.15quarterly2016-04-22
2016-01-06$0.15quarterly2016-01-22
2015-09-30$0.15quarterly2015-10-16
2015-06-24$0.14quarterly2015-07-10
2015-03-31$0.14quarterly2015-04-17
2014-12-30$0.14quarterly2015-01-16
2014-10-01$0.13quarterly2014-10-17
2014-07-01$0.13quarterly2014-07-18
2014-04-02$0.11quarterly2014-04-18
2013-12-31$0.11quarterly2014-01-17
2013-09-25$0.11quarterly2013-10-11
2013-06-26$0.10quarterly2013-07-12
2013-04-03$0.10quarterly2013-04-19

Horizon Bancorp Dividend per year

Horizon Bancorp Dividend growth

Horizon Bancorp Dividend Yield

Horizon Bancorp current trailing twelve-month (TTM) dividend yield is 3.45%. Interested in purchasing Horizon Bancorp stock? Use our calculator to estimate your expected dividend yield:

Horizon Bancorp Financial Ratios

P/E ratio38.48
PEG ratio6.23
P/B ratio1.08
ROE2.89%
Payout ratio134.32%
Current ratio0.57
Quick ratio0.57
Cash Ratio0.09

Horizon Bancorp Dividend FAQ

How much is the next Horizon Bancorp dividend?
Horizon Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Horizon Bancorp dividend. The next Horizon Bancorp dividend will be released in January, April, July, or October.
When is Horizon Bancorp dividend paid?
Horizon Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. 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 Horizon Bancorp pay?
The specific amount of Horizon Bancorp 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 Horizon Bancorp's dividend history.
Does Horizon Bancorp stock pay dividends?
Yes, Horizon Bancorp 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 Horizon Bancorp's dividend history.
How much dividend does Horizon Bancorp pay?
Horizon Bancorp paid $0.64 in 2024, $0.64 in 2023, $0.62 in 2022, $0.53 in 2021, and $0.48 in 2020.
How often does Horizon Bancorp pay dividends?
Horizon Bancorp 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 January, April, July, and October.
What is Horizon Bancorp's dividend yield?
The current dividend yield for Horizon Bancorp is 3.45%. 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 Horizon Bancorp's exact dividend yield.
When does Horizon Bancorp go ex dividend?
Horizon Bancorp's ex-dividend date for the latest dividend was on 2024-10-04. Horizon Bancorp 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 Horizon Bancorp dividend paid?
Horizon Bancorp pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Horizon Bancorp 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 Horizon Bancorp 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 Horizon Bancorp dividend per share?
Horizon Bancorp paid $0.64 per share in 2024 and $0.64 per share in 2023. The amount of dividend per share that Horizon Bancorp 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 Horizon Bancorp 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 Horizon Bancorp 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 Horizon Bancorp a dividend stock?
Yes, Horizon Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Horizon Bancorp a good dividend stock?
Whether Horizon Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Horizon Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Horizon 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.
Does Horizon Bancorp pay dividends monthly?
Horizon Bancorp typically pays dividends on a quarterly basis.
Does Horizon Bancorp pay dividends quarterly?
Horizon Bancorp currently pays dividends on a quarterly basis.
Has Horizon Bancorp ever paid a dividend?
Yes, Horizon Bancorp has a history of paying dividends to its shareholders. Horizon Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Horizon Bancorp dividend stocks?
To buy Horizon Bancorp 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 Horizon Bancorp 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 Horizon Bancorp pay dividends 2024?
Horizon Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-18. 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 Horizon Bancorp increase its dividend in 2024?
Decisions regarding Horizon Bancorp 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 Horizon Bancorp dividend overview you can look into the above table of dividend history.
How Horizon Bancorp dividend works?
The Horizon Bancorp 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 Horizon Bancorp's dividend process works:

1. Determination of Dividend: Horizon 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, Horizon 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, Horizon 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 Horizon 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.
How are Horizon Bancorp dividends paid?
Horizon Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Horizon 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, Horizon 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: Horizon 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.
How many times does Horizon Bancorp pay dividends?
Horizon Bancorp 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 Horizon Bancorp pay dividends?
The general pattern is that Horizon Bancorp pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Horizon Bancorp dividend safe?
The safety of Horizon Bancorp'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 Horizon 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 Horizon 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.