Heartland BancCorp (OTCMKTS:HLAN) Declares $0.76 Quarterly Dividend

Heartland BancCorp (OTCMKTS:HLAN) declared a quarterly dividend on Monday, July 29th, NASDAQ reports. Shareholders of record on Wednesday, September 25th will be given a dividend of 0.759 per share by the bank on Thursday, October 10th. This represents a $3.04 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, September 25th.

Heartland BancCorp Trading Down 0.5 %

OTCMKTS:HLAN opened at $147.25 on Tuesday. The stock has a market capitalization of $296.86 million, a P/E ratio of 14.81 and a beta of 0.41. Heartland BancCorp has a 1 year low of $81.60 and a 1 year high of $149.00. The firm has a 50 day moving average of $133.70 and a 200-day moving average of $104.25.

Heartland BancCorp (OTCMKTS:HLAN) last posted its quarterly earnings data on Monday, July 29th. The bank reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.23. The business had revenue of $29.40 million during the quarter, compared to analyst estimates of $17.98 million. As a group, analysts forecast that Heartland BancCorp will post 9.27 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, DA Davidson reiterated a “neutral” rating and set a $145.00 target price (up from $103.00) on shares of Heartland BancCorp in a research report on Wednesday, August 7th.

Heartland BancCorp Company Profile

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.