HarborOne Bancorp, Inc. (HONE) To Go Ex-Dividend on April 9th

HarborOne Bancorp, Inc. (NASDAQ:HONE) announced a quarterly dividend on Wednesday, March 26th, RTT News reports. Investors of record on Wednesday, April 9th will be given a dividend of 0.01 per share by the financial services provider on Wednesday, April 23rd. This represents a $0.04 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Wednesday, April 9th.

HarborOne Bancorp has increased its dividend by an average of 17.0% per year over the last three years. HarborOne Bancorp has a dividend payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect HarborOne Bancorp to earn $1.01 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 31.7%.

HarborOne Bancorp Price Performance

Shares of HONE traded down $0.29 during midday trading on Friday, hitting $10.53. The company’s stock had a trading volume of 134,537 shares, compared to its average volume of 164,100. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.92. HarborOne Bancorp has a one year low of $9.16 and a one year high of $14.00. The stock has a market capitalization of $458.03 million, a price-to-earnings ratio of 15.95 and a beta of 0.73. The company’s fifty day simple moving average is $11.45 and its two-hundred day simple moving average is $12.17.

HarborOne Bancorp (NASDAQ:HONE) last posted its earnings results on Tuesday, February 4th. The financial services provider reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%. As a group, equities analysts expect that HarborOne Bancorp will post 0.83 earnings per share for the current fiscal year.

About HarborOne Bancorp

HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans.