HBNC Ex-Dividend Reminder - 4/3/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/3/13, Horizon Bancorp (HBNC) HBNC will trade ex-dividend, for its quarterly dividend of $0.10, payable on 4/19/13. As a percentage of HBNC's recent stock price of $20.25, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for HBNC, showing historical dividends prior to the most recent $0.10 declared by Horizon Bancorp :

HBNC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HBNC is likely to continue, and whether the current estimated yield of 1.98% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Horizon Bancorp shares are currently up about 0.2% on the day.

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