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 3.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HBNC shares, versus its 200 day moving average:
Looking at the chart above, HBNC's low point in its 52 week range is $12.70 per share, with $19.07 as the 52 week high point — that compares with a last trade of $16.83.
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According to the ETF Finder at ETF Channel, HBNC makes up 1.22% of the First Trust Dow Jones Select Microcap Index Fund ETF (Symbol: FDM) which is trading up by about 0.7% on the day Wednesday. (see other ETFs holding HBNC).
In Wednesday trading, Horizon Bancorp Inc shares are currently up about 1.3% on the day.
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Also see:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
