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Horizon Bancorp (IN) (Horizon Bancorp (IN)) Dividend Yield %

: 5.60% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Horizon Bancorp (IN) is 5.60%.

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

HBNC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.44   Med: 2.37   Max: 8.06
Current: 5.6

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

HBNC's Dividend Yield % is ranked better than
72.58% of 1200 companies
in the Banks industry
Industry Median: 4 vs HBNC: 5.60

Horizon Bancorp (IN)'s Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.49.

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.

As of today (2024-04-19), the Forward Dividend Yield % of Horizon Bancorp (IN) is 5.60%.

Horizon Bancorp (IN)'s Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Horizon Bancorp (IN)'s Dividend Yield % 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) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.32 3.03 2.54 4.09 4.47

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 Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.09 5.70 6.15 6.00 4.47

Competitive Comparison

For the Banks - Regional subindustry, Horizon Bancorp (IN)'s Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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) Dividend Yield % Distribution

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

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



Horizon Bancorp (IN) Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Horizon Bancorp (IN) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-04-042024-04-052024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602024-01-042024-01-052024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-10-052023-10-062023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-07-062023-07-072023-07-21Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Horizon Bancorp (IN)'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.64/11.43
=5.60 %

Current Share Price is $11.43.
Horizon Bancorp (IN)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

Horizon Bancorp (IN)'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.64/11.43
=5.60 %

Current Share Price is $11.43.
Horizon Bancorp (IN)'s Dividends per Share for the forward twelve months is calculated as $0.16 * 4 = $0.64.

* 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.


Horizon Bancorp (IN)  (NAS:HBNC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Horizon Bancorp (IN) Dividend Yield % Related Terms

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


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

Traded in Other Exchanges
N/A
Address
515 Franklin Street, Michigan City, IN, USA, 46360
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

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Headlines

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