Home BancShares, Inc. Announces Increase in Quarterly Cash Dividend | HOMB Stock News

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3 days ago
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  • Home BancShares (HOMB, Financial) announces a 2.6% increase in its quarterly cash dividend to $0.20 per share.
  • The dividend will be payable on June 4, 2025, to shareholders of record as of May 14, 2025.
  • The dividend increase follows a record-setting first quarter in 2025.

Home BancShares, Inc. (HOMB) has declared an increase in its quarterly cash dividend to $0.20 per share. This represents a 2.6% increase from the previous dividend of $0.195 per share. The dividend is scheduled to be distributed on June 4, 2025, to shareholders who are recorded as of May 14, 2025.

This decision comes after what Chairman and CEO John Allison described as a successful 2024 and an outstanding performance in the first quarter of 2025. The company's record-setting results in Q1 2025 have positioned it well to reward shareholders with an increased dividend.

Headquartered in Conway, Arkansas, Home BancShares operates through its wholly-owned subsidiary, Centennial Bank. The bank provides a wide array of commercial and retail banking services across Arkansas, Florida, Texas, South Alabama, and New York City.

Home BancShares' common stock is traded under the ticker symbol HOMB, reflecting its presence in the financial markets as a significant player in the regional banking sector.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.