HBT Financial, Inc. (NASDAQ:HBT) Announces Quarterly Dividend of $0.25

HBT Financial, Inc. (NASDAQ:HBT) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Monday, November 9th will be given a dividend of $0.25 per share on Tuesday, November 17th. This represents a $1.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, November 9th.

HBT Financial has raised its dividend by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 5 consecutive years. HBT Financial has a payout ratio of 41.3% meaning its dividend is sufficiently covered by earnings. Analysts expect HBT Financial to earn $3.52 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 28.4%.

HBT Financial Stock Down 1.0%

Shares of HBT Financial stock opened at $36.40 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $1.32 billion, a PE ratio of 14.22 and a beta of 0.49. HBT Financial has a 52-week low of $22.37 and a 52-week high of $37.71. The company has a 50-day simple moving average of $35.88 and a two-hundred day simple moving average of $31.09.

HBT Financial (NASDAQ:HBT) last issued its earnings results on Monday, October 26th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.07. HBT Financial had a net margin of 23.44% and a return on equity of 13.46%. The firm had revenue of $84.21 million for the quarter, compared to the consensus estimate of $82.87 million. On average, analysts anticipate that HBT Financial will post 3.03 EPS for the current fiscal year.

HBT Financial Company Profile

HBT Financial, Inc is a bank holding company headquartered in Bloomington, Illinois. Its principal subsidiary, Heartland Bank and Trust Company, operates as a community bank serving individuals, businesses, agricultural customers and institutions.

Heartland Bank provides a range of traditional banking products, including checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer loans, commercial lending and agricultural financing. The bank also offers treasury management, online and mobile banking, wealth management, trust and investment services, and other financial solutions.

Through its branch network and digital channels, HBT Financial serves communities primarily across central and eastern Illinois and parts of eastern Iowa.