Heartland Financial Offers Promising Dividend Yield Amid Market Fluctuations
On Thursday, shares of Heartland Financial USA, Inc. (Symbol: HTLF) yielded above 2%, thanks to its quarterly dividend set at an annualized rate of $1.20. The stock traded as low as $59.97 during the day. For many investors, dividends are a key factor since they have historically contributed significantly to the overall return of the stock market. For instance, if you purchased shares of the iShares Russell 3000 ETF (IWV) on May 31, 2000, at a price of $78.27 each, you would have seen the value drop to $77.79 by May 31, 2012—a decline of $0.48 or 0.6% over twelve years. Nevertheless, during that same period, those shares generated a total of $10.77 in dividends, leading to a return of 13.15%. Even when considering dividends reinvested, the average annual return only reached about 1.0%. Thus, a sustainable yield above 2% looks particularly attractive in comparison. As a participant in the Russell 3000, Heartland Financial USA, Inc. is recognized as one of the largest companies on U.S. stock markets.
Dividend payments can be unpredictable and often reflect the company’s profitability. To assess the future reliability of Heartland Financial USA, Inc.’s latest dividend, examining the historical dividend trend for HTLF might provide insights into whether investors can expect a 2% annual yield to persist.
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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.
