Heartland Financial USA : HTLF Increases Quarterly Dividend
October 21, 2021 at 12:54 pm EDT
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HTLF Increases Quarterly Dividend
Thursday, October 21, 2021
Third increase in 2021 results in a 35% total increase over the prior year
Heartland Financial USA, Inc. (NASDAQ: HTLF), announced that its Board of Directors approved an 8 percent increase in its quarterly cash dividend, raising it from $.25 per share to $0.27 per share on the Company's outstanding common stock. The dividend is payable on November 30, 2021, to stockholders of record at the close of business on November 15, 2021.
This marks the third increase in 2021 and results in a 35% total increase over the prior year dividend level of $.20 per share. As of September 30, 2021, there were 42,250,092 common shares outstanding listed on the NASDAQ Global Select Market under the symbol HTLF.
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Heartland Financial USA Inc. published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 16:53:03 UTC.
Heartland Financial USA, Inc. is a bank holding company. The Company conducts its banking business through multiple independently branded divisions in the states of Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas, and Wisconsin. The principal business of its Banks consists of making loans to and accepting deposits. Its Banks provide a range of commercial, small business and consumer banking services to businesses, including public sector and non-profit entities, and to individuals. It provides multiple service delivery channels, including online banking, mobile/remote banking, and telephone banking. Its Banks provide a suite of banking products and services comprised of deposit and credit offerings, with treasury management, wealth management and retirement plan services. Its primary lines of business include commercial banking, small business banking, agricultural banking, residential real estate mortgage lending, and others.