Home BancShares, Inc., the parent company of Centennial Bank, has announced an increase in its quarterly cash dividend. On July 24, 2024, the company’s Board of Directors declared a $0.195 per share dividend, an increase from the previous quarter’s $0.18. This new dividend will be payable on September 4, 2024, to shareholders whose names are on the record as of August 14, 2024.
This decision reflects a commitment to reward shareholders with a cash return, showing a healthy outlook for the company. The increase of $0.015 per share marks an 8.3% improvement over the earlier dividend, emphasizing the company’s dedication to enhancing shareholder value amidst its ongoing operations.
Home BancShares operates primarily through its subsidiary, Centennial Bank, which offers a range of commercial and retail banking services. The bank has a broad reach, with branches located in various states including Arkansas, Florida, Texas, and even New York City, catering to businesses, individuals, and municipalities alike. The company is publicly traded on the New York Stock Exchange under the symbol “HOMB.”
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