Horizon Bancorp, Inc.
HBNC23 yrs growthFinancial Services · Stock · quarterly payer
$18.73
Add to PortfolioForward Yield
3.42%
Annual Dividend
$0.64
Payout Ratio
55%
5-Yr Growth
5.9%
Ex-Date
Apr 2, 2026
Frequency
Quarterly
HBNC Dividend Safety Score
96/ 100
Grade A
Very Safe
Dividend-growth streak23 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage55% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is HBNC a good dividend stock?
YesHorizon Bancorp, Inc. (HBNC) pays a quarterly dividend yielding 3.42% ($0.64/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 23 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (55%)
- Strong 5.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.42%
- Payout Ratio
- 55%
- Annual Dividend
- $0.64
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Apr 2, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.83
- Market Cap
- $961.4M
- P/E Ratio
- —
- 5-Yr Total Return
- 7%
- 52-Week Range
- $14.34 – $19.07
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 2, 2026 | — | $0.1600 | regular |
| Jan 2, 2026 | — | $0.1600 | regular |
| Oct 3, 2025 | — | $0.1600 | regular |
| Jul 3, 2025 | — | $0.1600 | regular |
| Apr 4, 2025 | — | $0.1600 | regular |
| Jan 3, 2025 | — | $0.1600 | regular |
| Oct 4, 2024 | — | $0.1600 | regular |
| Jul 5, 2024 | — | $0.1600 | regular |
| Apr 4, 2024 | — | $0.1600 | regular |
| Jan 4, 2024 | — | $0.1600 | regular |
| Oct 5, 2023 | — | $0.1600 | regular |
| Jul 6, 2023 | — | $0.1600 | regular |
| Apr 5, 2023 | — | $0.1600 | regular |
| Jan 5, 2023 | — | $0.1600 | regular |
Income Calculator
At $0.64 / yr per share
Per payment (quarterly)$16.00
Annual$64.00
Monthly avg$5.33
