Horizon Bancorp Accelerates $0.10/Share Qtr. Dividend Payment to Dec. 31st
Horizon Bancorp (NASDAQ: HBNC) announced that on December 12, 2012, its Board of Directors declared a dividend of 10 cents per share to shareholders of record on December 24, 2012. The dividend is payable on December 31, 2012. In light of the potential for tax increases in 2013, the Board determined that it would be advisable to accelerate this dividend payment into the 2012 calendar year. This dividend would have typically been paid in the first quarter of 2013.
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