HarborOne Bancorp, Inc. Announces Increase in Quarterly Cash Dividend to $0.05 Per Share
HarborOne Bancorp, Inc. (the Company) (NASDAQ: HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share, which represents an increase of $0.02 per share compared to its most recent dividend paid on January 18, 2021.
- HarborOne Bancorp, Inc. (the Company) (NASDAQ: HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share, which represents an increase of $0.02 per share compared to its most recent dividend paid on January 18, 2021.
- The dividend increase is well supported by our current and projected earnings as we continue executing our business plan.
- Joseph F. Casey, President and Chief Operating Officer of the Company, stated: Our strong financial performance enables us to increase our quarterly cash dividend while maintaining sufficient capital to support our strategic growth initiatives.
- The increased quarterly dividend level equates to an annualized dividend rate of $0.20 per common share.