Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Is An Attractive Dividend Stock - Here s Why
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February 28, 2021 Is Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be highly rewarding in the long term. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. While Home Federal Bancorp of Louisiana s 2.1% dividend yield is not the highest, we think its lengthy payment history is quite interesting. The company also bought back stock equivalent to around 6.7% of market capitalisation this year. Some simple analysis can offer a lot of insights when buying a company for its dividend, and we ll go through this below.