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HBNC Horizon Bancorp, Inc. — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Financial Services / Banks - Regional

$20.69 ▼ $-0.16(-0.77%) as of Oct 29, 2026 06:20 UTC
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Horizon Bancorp, Inc. acts as the parent organization for Horizon Bank, overseeing the delivery of a full spectrum of commercial and retail banking services. The company provides a variety of deposit options and extends diverse loan products, including commercial, residential real estate, specialized mortgage warehouse, and consumer credit facilities. Furthermore, it offers corporate and individual trust and agency services, investment management, and real estate investment trust (REIT) solutions, alongside a selection of insurance offerings. With a footprint of 78 full-service branch locations, Horizon Bancorp serves customers across northern and central Indiana, and southern and central Michigan. This organization, which was founded in 1873, maintains its principal office in Michigan City, Indiana.

Dividend Snapshot

StatusGrowing
Last Dividend$0.1600Paid Oct 16, 2026
Forward Annual$0.64From the $0.1600 dividend declared Sep 15, 2026
FrequencyQuarterly
Last Ex-DateOct 02, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth0.0%Annual totals, 2024–2025
10-Yr Growth9.7%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

53/100

Mixed indicators

Complete data

Dividend Growth Score

35/100

Weak growth record

Complete data

Dividend Value Score

32/100

Above own historical valuation

Complete data

DividendRank

41/100

Middle of the scale

Complete data

How the Dividend Safety Score is built for HBNC
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Dividend record24 years of uninterrupted regular payments 89 25%
Earnings stabilityNet income positive in 4 of the last 5 fiscal years (FY2021–FY2025) 70 15%
Earnings payout ratioNet loss to common shareholders (FY2025): dividends not covered by earnings 0 30%
Equity / assetsEquity / assets 10.6% (balance sheet Sep 30, 2026) 100 20%
Return on assetsReturn on assets -2.11% (FY2025; average total assets) 0 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: bank. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for HBNC
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 5.9% (2020–2025) 78 25%
Consecutive annual increases0 consecutive annual increases (through 2025) 10 20%
Payout headroomNet loss to common shareholders (FY2025): no headroom 0 20%
Earnings per share growth (3 years)EPS -3.15 (FY2025) from 2.14 (FY2022): negative at the end of the 3 years 0 15%
10-year dividend growth10-year dividend CAGR 9.7% (2015–2025) 99 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: bank. Formula version 2026-10-19.4.

How the Dividend Value Score is built for HBNC
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 48th percentile of its 120 month-end yields 48 45%
P/B vs own 5-year medianP/B 1.5 is 1.54x its 5-year median of 1.0 0 30%
P/B vs peersP/B 1.5 vs peer median 1.4 (1.11x; 118 bank / Financial Services securities) 40 25%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: bank. Formula version 2026-10-19.4.

Key Metrics

Current Yield

3.09%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.6400

Declared Sep 15, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

67

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$15.57 – $20.80

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

23.11% (EPS-based)

12 months to Sep 30, 2026 (Q3 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

24

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.49

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 53/100, yield 3.09%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
24 years of dividend payments on record.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume913,600Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$19.99Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$19.81 – $20.44Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$19.99Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$1.06BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out51.34MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$2.0912 months to Sep 30, 2026 (Q3 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)9.7Price as of Oct 25, 2026; earnings to Sep 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 02, 2026Paid Oct 16, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)1.1%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)5.9%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose20Since Mar 2002
Rank among payers463of 2,430 with a record
Years it fell over 20%0in 23 comparable years
Of peers with 10 to 24 up years75%also cut at some point

HBNC has raised its annual dividend in 20 separate years since March 2002, which ranks 463 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

HBNC's dividend yield rose from 3.08% to 3.09% over the past ~90 days (+0.01 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.01 pp from the share price ($20.77 on Aug 03, 2026 → $20.69 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.09%
1-Yr Average3.53%
Low / High3.08% – 4.26%
Percentile1%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), HBNC's current yield is higher than approximately 1% of them. Our stored price history for HBNC covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1600 Q Regular Sep 15, 2026 Oct 02, 2026 Oct 02, 2026 Oct 16, 2026
$0.1600 Q Regular Jun 16, 2026 Jul 02, 2026 Jul 03, 2026 Jul 17, 2026
$0.1600 Q Regular Mar 17, 2026 Apr 02, 2026 Apr 03, 2026 Apr 17, 2026
$0.1600 Q Regular Dec 16, 2025 Jan 02, 2026 Jan 02, 2026 Jan 16, 2026
$0.1600 Q Regular Sep 16, 2025 Oct 03, 2025 Oct 03, 2025 Oct 17, 2025
$0.1600 Q Regular Jun 17, 2025 Jul 03, 2025 Jul 03, 2025 Jul 18, 2025
$0.1600 Q Regular Mar 18, 2025 Apr 04, 2025 Apr 04, 2025 Apr 18, 2025
$0.1600 Q Regular Dec 17, 2024 Jan 03, 2025 Jan 03, 2025 Jan 17, 2025
$0.1600 Q Regular Sep 17, 2024 Oct 04, 2024 Oct 04, 2024 Oct 18, 2024
$0.1600 Q Regular Jun 18, 2024 Jul 05, 2024 Jul 05, 2024 Jul 19, 2024
$0.1600 Q Regular Mar 19, 2024 Apr 04, 2024 Apr 05, 2024 Apr 19, 2024
$0.1600 Q Regular Dec 19, 2023 Jan 04, 2024 Jan 05, 2024 Jan 19, 2024
$0.1600 Q Regular Sep 19, 2023 Oct 05, 2023 Oct 06, 2023 Oct 20, 2023
$0.1600 Q Regular Jun 20, 2023 Jul 06, 2023 Jul 07, 2023 Jul 21, 2023
$0.1600 Q Regular Mar 21, 2023 Apr 05, 2023 Apr 07, 2023 Apr 21, 2023
$0.1600 Q Regular Dec 20, 2022 Jan 05, 2023 Jan 06, 2023 Jan 20, 2023
$0.1600 Q Regular Sep 20, 2022 Oct 06, 2022 Oct 07, 2022 Oct 21, 2022
$0.1600 Q Regular Jun 24, 2022 Jul 07, 2022 Jul 08, 2022 Jul 22, 2022
$0.1500 Q Regular Mar 17, 2022 Apr 07, 2022 Apr 08, 2022 Apr 22, 2022
$0.1500 Q Regular Dec 21, 2021 Jan 06, 2022 Jan 07, 2022 Jan 21, 2022
$0.1500 Q Regular Sep 22, 2021 Oct 07, 2021 Oct 08, 2021 Oct 22, 2021
$0.1300 Q Regular Jun 15, 2021 Jul 01, 2021 Jul 02, 2021 Jul 16, 2021
$0.1300 Q Regular Mar 17, 2021 Mar 31, 2021 Apr 02, 2021 Apr 16, 2021
$0.1200 Q Regular Dec 15, 2020 Jan 07, 2021 Jan 08, 2021 Jan 22, 2021
$0.1200 Q Regular Sep 15, 2020 Oct 01, 2020 Oct 02, 2020 Oct 16, 2020
$0.1200 Q Regular Jun 09, 2020 Jul 01, 2020 Jul 03, 2020 Jul 17, 2020
$0.1200 Q Regular Mar 17, 2020 Apr 02, 2020 Apr 03, 2020 Apr 17, 2020
$0.1200 Q Regular Dec 17, 2019 Jan 02, 2020 Jan 03, 2020 Jan 17, 2020
$0.1200 Q Regular Sep 17, 2019 Oct 03, 2019 Oct 04, 2019 Oct 18, 2019
$0.1200 Q Regular Jun 18, 2019 Jul 03, 2019 Jul 05, 2019 Jul 19, 2019
$0.1000 Q Regular Mar 19, 2019 Apr 04, 2019 Apr 05, 2019 Apr 19, 2019
$0.1000 Q Regular Dec 18, 2018 Jan 03, 2019 Jan 04, 2019 Jan 18, 2019
$0.1000 Q Regular Sep 18, 2018 Oct 04, 2018 Oct 05, 2018 Oct 19, 2018
$0.1000 Q Regular Jun 19, 2018 Jul 05, 2018 Jul 06, 2018 Jul 20, 2018
$0.1500 Q Regular Mar 20, 2018 Apr 05, 2018 Apr 06, 2018 Apr 20, 2018
$0.1300 Q Regular Dec 19, 2017 Jan 04, 2018 Jan 05, 2018 Jan 19, 2018
$0.1300 Q Regular Sep 19, 2017 Oct 05, 2017 Oct 06, 2017 Oct 20, 2017
$0.1300 Q Regular Jun 15, 2017 Jul 05, 2017 Jul 07, 2017 Jul 21, 2017
$0.1100 Q Regular Mar 23, 2017 Apr 05, 2017 Apr 07, 2017 Apr 21, 2017
$0.1100 Q Regular Dec 23, 2016 Jan 04, 2017 Jan 06, 2017 Jan 20, 2017
$0.1500 Q Regular Sep 23, 2016 Oct 05, 2016 Oct 07, 2016 Oct 21, 2016
$0.1500 Q Regular Jun 24, 2016 Jul 06, 2016 Jul 08, 2016 Jul 22, 2016
$0.1500 Q Regular Mar 21, 2016 Apr 06, 2016 Apr 08, 2016 Apr 22, 2016
$0.1500 Q Regular Dec 18, 2015 Jan 06, 2016 Jan 08, 2016 Jan 22, 2016
$0.1500 Q Regular Sep 18, 2015 Sep 30, 2015 Oct 02, 2015 Oct 16, 2015
$0.1400 Q Regular Jun 19, 2015 Jun 24, 2015 Jun 26, 2015 Jul 10, 2015
$0.1400 Q Regular Mar 20, 2015 Mar 31, 2015 Apr 03, 2015 Apr 17, 2015
$0.1400 Q Regular Dec 18, 2014 Dec 30, 2014 Jan 02, 2015 Jan 16, 2015
$0.1300 Q Regular Sep 18, 2014 Oct 01, 2014 Oct 03, 2014 Oct 17, 2014
$0.1300 Q Regular Jun 20, 2014 Jul 01, 2014 Jul 03, 2014 Jul 18, 2014
$0.1100 Q Regular Mar 25, 2014 Apr 02, 2014 Apr 04, 2014 Apr 18, 2014
$0.1100 Q Regular Dec 20, 2013 Dec 31, 2013 Jan 03, 2014 Jan 17, 2014
$0.1100 Q Regular Sep 20, 2013 Sep 25, 2013 Sep 27, 2013 Oct 11, 2013
$0.1000 Q Regular Jun 21, 2013 Jun 26, 2013 Jun 28, 2013 Jul 12, 2013
$0.1000 Q Regular Mar 26, 2013 Apr 03, 2013 Apr 05, 2013 Apr 19, 2013
$0.1000 Q Regular Dec 14, 2012 Dec 20, 2012 Dec 24, 2012 Dec 31, 2012
$0.1500 Q Regular Sep 21, 2012 Sep 26, 2012 Sep 28, 2012 Oct 12, 2012
$0.1300 Q Regular Jun 25, 2012 Jun 27, 2012 Jun 29, 2012 Jul 13, 2012
$0.1300 Q Regular Mar 26, 2012 Apr 03, 2012 Apr 06, 2012 Apr 20, 2012
$0.1200 Q Regular Dec 15, 2011 Dec 29, 2011 Jan 03, 2012 Jan 16, 2012
$0.1800 Q Regular Sep 19, 2011 Sep 28, 2011 Sep 30, 2011 Oct 14, 2011
$0.1700 Q Regular Jun 16, 2011 Jun 29, 2011 Jul 01, 2011 Jul 15, 2011
$0.1700 Q Regular Mar 28, 2011 Mar 30, 2011 Apr 01, 2011 Apr 15, 2011
$0.1700 Q Regular Dec 17, 2010 Dec 30, 2010 Jan 03, 2011 Jan 14, 2011
$0.1700 Q Regular Sep 16, 2010 Sep 29, 2010 Oct 01, 2010 Oct 15, 2010
$0.1700 Q Regular Jun 16, 2010 Jun 29, 2010 Jul 01, 2010 Jul 16, 2010
$0.1700 Q Regular Apr 09, 2010 Apr 12, 2010 Apr 02, 2010 Apr 16, 2010
$0.1700 Q Regular Dec 22, 2009 Dec 30, 2009 Jan 04, 2010 Jan 15, 2010
$0.1700 Q Regular Sep 17, 2009 Sep 30, 2009 Oct 02, 2009 Oct 16, 2009
$0.1700 Q Regular Jun 19, 2009 Jun 30, 2009 Jul 02, 2009 Jul 17, 2009
$0.1700 Q Regular Mar 10, 2009 Apr 01, 2009 Apr 03, 2009 Apr 17, 2009
$0.1700 Q Regular Dec 16, 2008 Dec 30, 2008 Jan 02, 2009 Jan 16, 2009
$0.1700 Q Regular Sep 16, 2008 Sep 30, 2008 Oct 02, 2008 Oct 16, 2008
$0.1700 Q Regular Jun 11, 2008 Jul 01, 2008 Jul 03, 2008 Jul 18, 2008
$0.1500 Q Regular Mar 11, 2008 Apr 02, 2008 Apr 04, 2008 Apr 18, 2008
$0.1500 Q Regular Dec 11, 2007 Jan 02, 2008 Jan 04, 2008 Jan 18, 2008
$0.1500 Q Regular Sep 11, 2007 Oct 02, 2007 Oct 04, 2007 Oct 18, 2007
$0.1500 Q Regular Jun 12, 2007 Jul 02, 2007 Jul 05, 2007 Jul 19, 2007
$0.1400 Q Regular Mar 13, 2007 Mar 29, 2007 Apr 02, 2007 Apr 16, 2007
$0.1400 Q Regular Dec 12, 2006 Jan 03, 2007 Jan 04, 2007 Jan 15, 2007
$0.1400 Q Regular Sep 12, 2006 Sep 28, 2006 Oct 02, 2006 Oct 13, 2006
$0.1400 Q Regular Jun 13, 2006 Jun 30, 2006 Jul 05, 2006 Jul 19, 2006
$0.1400 Q Regular Mar 14, 2006 Mar 30, 2006 Apr 03, 2006 Apr 17, 2006
$0.1400 Q Regular Dec 13, 2005 Dec 29, 2005 Jan 03, 2006 Jan 17, 2006
$0.1300 Q Regular Sep 13, 2005 Sep 29, 2005 Oct 03, 2005 Oct 14, 2005
$0.1300 Q Regular Jun 16, 2005 Jun 30, 2005 Jul 05, 2005 Jul 15, 2005
$0.1300 Q Regular Mar 15, 2005 Mar 30, 2005 Apr 01, 2005 Apr 15, 2005
$0.1300 Q Regular Dec 15, 2004 Dec 30, 2004 Jan 03, 2005 Jan 17, 2005
$0.1200 Q Regular Sep 29, 2004 Sep 30, 2004 Oct 04, 2004 Oct 15, 2004
$0.1200 Q Regular Jun 16, 2004 Jun 30, 2004 Jul 02, 2004 Jul 16, 2004
$0.1200 Q Regular Mar 18, 2004 Mar 30, 2004 Apr 01, 2004 Apr 15, 2004
$0.1200 Q Regular Dec 17, 2003 Dec 30, 2003 Jan 02, 2004 Jan 16, 2004
$0.1600 Q Regular Sep 17, 2003 Sep 30, 2003 Oct 02, 2003 Oct 16, 2003
$0.1600 Q Regular Jun 18, 2003 Jul 01, 2003 Jul 03, 2003 Jul 17, 2003
$0.1600 Q Regular Mar 18, 2003 Mar 20, 2003 Mar 21, 2003 Apr 04, 2003
$0.1600 Q Regular Dec 19, 2002 Dec 24, 2002 Dec 27, 2002 Jan 10, 2003
$0.1500 Q Regular Sep 25, 2002 Sep 26, 2002 Sep 30, 2002 Oct 11, 2002
$0.1500 Q Regular Jun 18, 2002 Jun 27, 2002 Jul 01, 2002 Jul 12, 2002
$0.1500 Q Regular Mar 19, 2002 Mar 27, 2002 Apr 01, 2002 Apr 12, 2002

Peer Comparison

Selected Banks - Regional dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
FCNCB First Citizens BancShares, Inc. 0.50% 36.6% 9 yrs 89
PB Prosperity Bancshares, Inc. 3.60% 4.6% 24 yrs 86
CBSH Commerce Bancshares, Inc. 2.00% 5.1% 35 yrs 85
NECB Northeast Community Bancorp, Inc. 3.49% 44.3% 2 yrs 84

HBNC dividend — frequently asked questions

Does Horizon Bancorp, Inc. pay a dividend?

Yes. Horizon Bancorp, Inc. (HBNC) currently pays a dividend. The annualized dividend is about $0.64 per share, a yield of approximately 3.09%.

What is Horizon Bancorp, Inc.'s dividend yield?

Horizon Bancorp, Inc.'s dividend yield is approximately 3.09%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Horizon Bancorp, Inc. pay dividends?

Horizon Bancorp, Inc. pays dividends quarterly — 4 times per year.

How long has Horizon Bancorp, Inc. paid dividends?

Horizon Bancorp, Inc. has 24 years of dividend payments on record.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.