Heartland Financial USA, Inc. declared a quarterly cash dividend of $0.30 per share, payable January 27, 2025.
Quiver AI Summary
Heartland Financial USA, Inc. (HTLF) has announced a quarterly cash dividend of $0.30 per share on its common stock, which will be payable on January 27, 2025, to shareholders recorded by January 14, 2025. The company has a long history of increasing or maintaining its dividend every quarter for over 40 years. Headquartered in Denver, Colorado, HTLF is a bank holding company with assets totaling $18.27 billion as of September 30, 2024, and serves customers primarily in the Western, Southwestern, and Midwestern regions of the United States. HTLF focuses on the banking needs of privately owned businesses and offers a range of financial services including retail banking, treasury management, and wealth management.
Potential Positives
- Heartland Financial USA, Inc. announced a quarterly cash dividend of $0.30 per share, highlighting the company's continued financial commitment to its shareholders.
- The company has a track record of increasing or maintaining its common stock dividend for over 40 years, indicating a strong and stable financial performance.
- The dividend is part of a strategy to reward stockholders while reinforcing investor confidence in the company's ongoing success.
- With assets of $18.27 billion, the company demonstrates substantial financial strength and stability within the banking sector.
Potential Negatives
- The announcement of a cash dividend could suggest that the company may not be reinvesting profits back into growth opportunities, potentially limiting future expansion and innovation.
- While the company has a long history of maintaining or increasing dividends, any future economic downturn or financial challenges could strain its ability to continue this trend, affecting investor confidence.
- There is no mention of recent financial performance or metrics indicating growth, which could raise concerns among investors about the company's current financial health and future prospects.
FAQ
What is the dividend amount announced by Heartland Financial USA, Inc.?
Heartland Financial USA, Inc. announced a quarterly cash dividend of $0.30 per share.
When is the dividend payable to stockholders?
The dividend is payable on January 27, 2025, to stockholders of record as of January 14, 2025.
How long has HTLF been increasing or maintaining its dividends?
HTLF has increased or maintained its common stock dividend every quarter for more than 40 years.
What regions do HTLF's banks serve?
HTLF's banks serve customers in the West, Southwest, and Midwest regions of the United States.
What services does HTLF offer beyond banking?
HTLF offers a diversified line of financial services including treasury management, wealth management, and investments.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HTLF Insider Trading Activity
$HTLF insiders have traded $HTLF stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $HTLF stock by insiders over the last 6 months:
- JENNIFER K HOPKINS has traded it 3 times. They made 0 purchases and 3 sales, selling 12,000 shares.
- MARK A FRANK (EVP, Chief Operations Officer) sold 432 shares.
- JOHN K SCHMIDT sold 22,500 shares.
- JANET M QUICK (EVP, Principal Acctg Officer) sold 1,291 shares.
- CHRISTOPHER HYLEN sold 4,000 shares.
- ROBERT S KAHN (EVP, Chief Strategy Officer) sold 1,012 shares.
- DUANE E WHITE sold 4,861 shares.
- LO B. NESTMAN (EVP, Head of Retail, Mktg & PB) sold 4,389 shares.
- KATHRYN G UNGER sold 1,396 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HTLF Hedge Fund Activity
We have seen 103 institutional investors add shares of $HTLF stock to their portfolio, and 89 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WESTCHESTER CAPITAL MANAGEMENT, LLC added 421,000 shares (+260.1%) to their portfolio in Q3 2024
- BALYASNY ASSET MANAGEMENT L.P. added 383,668 shares (+85.7%) to their portfolio in Q3 2024
- OMERS ADMINISTRATION CORP added 307,271 shares (+576.5%) to their portfolio in Q3 2024
- GARDNER LEWIS ASSET MANAGEMENT L P added 302,825 shares (+inf%) to their portfolio in Q3 2024
- FIRST TRUST ADVISORS LP removed 218,564 shares (-100.0%) from their portfolio in Q3 2024
- HTLF BANK removed 205,763 shares (-15.0%) from their portfolio in Q3 2024
- ASSENAGON ASSET MANAGEMENT S.A. added 201,125 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
DENVER, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Heartland Financial USA, Inc. (NASDAQ: HTLF), operating under the brand name HTLF, announced its Board of Directors approved a quarterly cash dividend on common stock of $0.30 per share. The dividend is payable on January 27, 2025, to stockholders of record at the close of business on January 14, 2025.
HTLF has increased or maintained its common stock dividend every quarter for more than 40 years.
About HTLF
Heartland Financial USA, Inc., is a Denver, Colorado-based bank holding company operating under the brand name HTLF, with assets of $18.27 billion as of September 30, 2024. HTLF's banks serve customers in the West, Southwest and Midwest regions. HTLF is committed to serving the banking needs of privately owned businesses, their owners, executives and employees. Our core commercial business is supported by a strong retail banking operation, in addition to a diversified line of financial services including treasury management, wealth management and investments. Additional information is available at
www.htlf.com
.
CONTACT:
Kevin L. Thompson
EVP, Chief Financial Officer
303-365-3813
[email protected]
