HOME FEDERAL BANCORP, INC OF LOUISIANA REPORTS RESULTS OF globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
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Total deposits increased $44.6 million or 9.7% to $505.4 million at March 31, 2021, compared to $460.8 million at June 30, 2020.
Total mortgage loans originated for sale were $160.0 million for the nine months.
Total loan deferrals decreased from $84.1 million at June 30, 2020 to $5.0 million at March 31, 2021.
Time deposits decreased $32.4 million, or 20.5%, to $125.2 million at March 31, 2021, compared to $157.6 million at June 30, 2020.
Home Federal Bank announced that its Board of Directors declared a two-for-one stock split in the form of a 100% stock dividend, payable March 31, 2021, to stockholders of record as of March 22, 2021. Under the terms of the stock split, the Company’s stockholders received a dividend of one share for every share held on the record date. The dividend was paid in authorized but unissued shares of common stock of the Company. The par value of the Company s stock was not affected by the split and will remain at $0.01 per share. The outstanding
United States
NasdaqCM:HFBL
Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Passed Our Checks, And It s About To Pay A US$0.083 Dividend
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April 26, 2021
Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) stock is about to trade ex-dividend in three days. Investors can purchase shares before the 30th of April in order to be eligible for this dividend, which will be paid on the 17th of May. Home Federal Bancorp of Louisiana s next dividend payment will be US$0.083 per share, and in the last 12 months, the company paid a total of US$0.33 per share. Calculating the last year s worth of payments shows that Home Federal Bancorp of Louisiana has a trailing yield of 2.1% on the current share price of $16. We love seeing companies pay a dividend, but it s also important to be sure that laying the golden eggs isn t going to kill our golden goose! That s why we should always check whether the dividend payments appear sustainable, and if the company is growing.
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.
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The $591,000 increase in non-interest income for the three months ended December 31, 2020, compared to the prior year quarterly period, was primarily due to an increase of $627,000 in gain on sale of loans, and a $4,000 increase in non-interest other income, partially offset by a decrease of $38,000 in service charges on deposit accounts, and a $2,000 decrease in income from bank owned life insurance. The $1.3 million increase in non-interest income for the six months ended December 31, 2020 compared to the prior year six-month period was primarily due to an increase of $1.5 million in gain on sale of loans, and an increase of $8,000 in other non-interest income, partially offset by an $80,000 decrease in gain on sale of real estate, a $64,000 decrease in service charges on deposit accounts, and a $4,000 decrease in income from bank owned life insurance. The Company sells most of its long term fixed rate residential mortgage loan originations primarily in order to manage interest