Thriving with Robust Performance: HarborOne Bancorp Delivers Growing Profits to Investors

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By the end of today, January 18, 2024, HarborOne Bancorp HONE is set to deliver a dividend payout of $0.07 per share, equating to an annualized dividend yield of 2.52%. The company's dividend payout went ex-dividend on January 03, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.

HarborOne Bancorp Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-01-03 4 $0.07 2.52% 2023-12-21 2024-01-04 2024-01-18
2023-10-13 4 $0.07 3.15% 2023-10-02 2023-10-16 2023-10-30
2023-07-11 4 $0.07 3.44% 2023-06-29 2023-07-12 2023-07-26
2023-04-11 4 $0.07 2.47% 2023-03-30 2023-04-12 2023-04-26
2022-12-30 4 $0.07 2.02% 2022-12-21 2023-01-03 2023-01-17
2022-10-11 4 $0.07 2.03% 2022-09-29 2022-10-12 2022-10-26
2022-07-12 4 $0.07 2.03% 2022-06-30 2022-07-13 2022-07-27
2022-04-12 4 $0.07 1.99% 2022-03-31 2022-04-13 2022-04-27
2022-01-03 4 $0.05 1.36% 2021-12-22 2022-01-04 2022-01-18
2021-10-12 4 $0.05 1.42% 2021-09-30 2021-10-13 2021-10-27
2021-07-13 4 $0.05 1.39% 2021-07-01 2021-07-14 2021-07-28
2021-04-13 4 $0.05 1.48% 2021-04-01 2021-04-14 2021-04-28

HarborOne Bancorp's dividend yield falls in the middle range when compared to its industry peers, with Washington Trust Bancorp WASH having the highest annualized dividend yield at 7.73%.

Analyzing HarborOne Bancorp Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

As you can see, from 2021 to 2023, investors saw an average increase in the company's dividend per share, rising from $0.20 in 2021 to $0.30 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For HarborOne Bancorp

The earnings chart above shows that from 2021 to 2023, HarborOne Bancorp has experienced an increase in their earnings from $0.58 per share to $0.74 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.

Recap

This article delves into the recent dividend payout of HarborOne Bancorp and its implications for shareholders. Presently, the company is distributing a dividend of $0.07 per share, leading to an annualized dividend yield of 2.52%.

HarborOne Bancorp's dividend yield falls in the middle range when compared to its industry peers, with Washington Trust Bancorp having the highest annualized dividend yield at 7.73%.

The upward trend in dividend per share and earnings per share for HarborOne Bancorp from 2021 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.

Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.

[See current stock movements HarborOne Bancorp on Benzinga.](https://www.benzinga.com/quote/HarborOne Bancorp (NASDAQ: HONE))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: DividendsSmall CapBZI-DP
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