Home BancShares Boosts Dividend for Shareholders in 2024
Home BancShares, Inc. Declares Increased Cash Dividend
Home BancShares, Inc. (NYSE: HOMB), the parent company of Centennial Bank, has recently made a significant announcement regarding its fourth-quarter cash dividend. The Board of Directors has declared a regular quarterly cash dividend of $0.195 per share. This dividend is scheduled to be paid to shareholders on December 4, and those who hold shares before the record date on November 13 will be eligible to receive this dividend.
Details of the Cash Dividend Announcement
The announced cash dividend reflects an increase of $0.015 per share, marking an impressive 8.3% rise over the previous quarter’s dividend of $0.18, which was paid in the fourth quarter of 2023. This consistent dividend policy shows the company's commitment to enhancing shareholder value while maintaining a healthy capital position.
About Home BancShares, Inc.
Headquartered in Conway, Arkansas, Home BancShares, Inc. operates as a bank holding company. Its wholly-owned subsidiary, Centennial Bank, plays a crucial role in delivering a diversified range of financial services. These services cater to various clients, including businesses, real estate developers, and individuals, ensuring that all financial needs are met effectively.
Services Offered by Centennial Bank
Centennial Bank is known for providing both commercial and retail banking services. With branch locations that span across multiple states, including Arkansas, Florida, Texas, and New York City, it ensures that customers have access to their banking needs regardless of where they are located.
Future Outlook and Commitment
As Home BancShares continues its journey, the management remains focused on upholding financial stability and consistently rewarding its shareholders. The decision to increase the dividend not only highlights the company's strong performance but also reinforces its strategic vision of long-term growth and stability.
Investor Relations Contact Information
For more information regarding this announcement and other investor-related inquiries, you can contact Donna Townsell, Senior Executive Vice President and Director of Investor Relations, at (501) 328-4625. This contact ensures that investors stay informed and engaged with the company's developments.
Frequently Asked Questions
What is the amount of the declared cash dividend?
The declared cash dividend is $0.195 per share for the fourth quarter.
When will the dividend be paid?
The dividend will be paid on December 4, 2024.
Who is eligible to receive the dividend?
Shareholders who are on record as of November 13, 2024, will be eligible to receive the dividend.
What was the previous dividend amount?
The previous dividend amount was $0.18 per share, paid during the fourth quarter of 2023.
How can I get more information about Home BancShares?
You can contact Donna Townsell at (501) 328-4625 for further information regarding Home BancShares, Inc.
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