Heartland BancCorp (OTCMKTS:HLAN) Plans Quarterly Dividend of $0.76

Heartland BancCorp (OTCMKTS:HLAN) declared a quarterly dividend on Monday, July 29th, NASDAQ reports. Stockholders 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 dividend yield of 2.05%. The ex-dividend date is Wednesday, September 25th.

Heartland BancCorp Stock Performance

Shares of HLAN stock opened at $148.00 on Monday. The stock has a market cap of $298.37 million, a price-to-earnings ratio of 14.89 and a beta of 0.41. Heartland BancCorp has a 52-week low of $81.60 and a 52-week high of $149.00. The firm’s 50-day moving average is $132.55 and its 200-day moving average is $103.83.

Heartland BancCorp (OTCMKTS:HLAN) last posted its quarterly earnings data on Monday, July 29th. The bank reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.23. The firm had revenue of $29.40 million for the quarter, compared to the consensus estimate of $17.98 million. Sell-side analysts predict that Heartland BancCorp will post 9.27 EPS for the current fiscal year.

Analyst Ratings Changes

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

About Heartland BancCorp

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.