Horizon Bancorp (IN) (Horizon Bancorp (IN)) Dividend Payout Ratio : 0.49 (As of Dec. 2023)

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What is Horizon Bancorp (IN) Dividend Payout Ratio?

Horizon Bancorp (IN)'s dividend payout ratio for the months ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Horizon Bancorp (IN)'s Dividend Payout Ratio or its related term are showing as below:

HBNC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.29 Max: 0.42
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of Horizon Bancorp (IN) was 0.42. The lowest was 0.28. And the median was 0.29.

HBNC's Dividend Payout Ratio is ranked worse than
62.39% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs HBNC: 0.42

As of today (2024-04-26), the Dividend Yield % of Horizon Bancorp (IN) is 5.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Horizon Bancorp (IN) was 8.06%. The lowest was 1.44%. And the median was 2.37%.

Horizon Bancorp (IN)'s Dividends per Share for the months ended in Dec. 2023 was $0.16.

During the past 12 months, Horizon Bancorp (IN)'s average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Horizon Bancorp (IN) was 19.00% per year. The lowest was 0.40% per year. And the median was 9.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Horizon Bancorp (IN) Dividend Payout Ratio Historical Data

The historical data trend for Horizon Bancorp (IN)'s Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Horizon Bancorp (IN) Dividend Payout Ratio Chart

Horizon Bancorp (IN) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.28

0.31

0.28

0.30

0.42

Horizon Bancorp (IN) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.33	0.37	0.39	0.43	0.49

Competitive Comparison of Horizon Bancorp (IN)'s Dividend Payout Ratio

For the Banks - Regional subindustry, Horizon Bancorp (IN)'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Horizon Bancorp (IN)'s Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Horizon Bancorp (IN)'s Dividend Payout Ratio falls into.

Horizon Bancorp (IN) Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Horizon Bancorp (IN)'s Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.64	/	1.54
	=	0.42

Horizon Bancorp (IN)'s Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.16	/	0.33
	=	0.48

Horizon Bancorp (IN) (NAS:HBNC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Horizon Bancorp (IN) Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Horizon Bancorp (IN)'s Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Horizon Bancorp (IN) (NAS:HBNC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Franklin Street, Michigan City, IN, USA, 46360

Website

https://www.horizonbank.com

Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.

Executives

Susan D Aaron	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler	officer: Executive Vice President & GC	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams	director	999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight	officer: Chief Executive Officer	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame	officer: President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera	officer: EVP, Sr. Retail & Mort Lending	515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff	officer: President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter	officer: Executive Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber	officer: EVP & SCCO	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn	officer: Executive Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst	director	515 FRANKLIN STREET, MICHIGAN CITY IN 46360