HarborOne Bancorp, Inc. (HONE) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 6 years of historical data, HONE has returned more capital to shareholders through its dividend issuances than only 2.34% of other dividend-paying US stocks.
- As for its free cash flow/dividend ratio, HONE's comes in at 4.86 -- better than 93.98% of other US-listed dividend issuers.
- As for stocks whose price is uncorrelated with HONE's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: GHG, JP, FENG, OLED and EBIX.
HONE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $10.05 | $7.77 | -44.98% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for HONE, the DDM model, as implemented by StockNews, implies a negative return of 44.98% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for HarborOne Bancorp Inc are:
- As for its position relative to other Financial Services stocks that issue dividends, HONE provides shareholders with a dividend yield greater than just 17.9% such stocks.
- Compared to other dividend issuers in the small-sized market cap category, HONE has a beta lower than 37.8% of them.
- HONE's market cap of approximately $737 million makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than just 22.72% of them.
HONE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-04-09 | Dividend | $0.08 | +6.67% |
| 2024-01-03 | Dividend | $0.08 | -- |
| 2023-10-13 | Dividend | $0.08 | -- |
| 2023-07-11 | Dividend | $0.08 | -- |
| 2023-04-11 | Dividend | $0.08 | +7.14% |
| 2022-12-30 | Dividend | $0.07 | -- |
| 2022-10-11 | Dividend | $0.07 | -- |
| 2022-07-12 | Dividend | $0.07 | -- |
| 2022-04-12 | Dividend | $0.07 | +40.00% |
| 2022-01-03 | Dividend | $0.05 | -- |
| 2021-10-12 | Dividend | $0.05 | -- |
| 2021-07-13 | Dividend | $0.05 | -- |
| 2021-04-13 | Dividend | $0.05 | +66.67% |
| 2020-12-31 | Dividend | $0.03 | -- |
| 2020-10-13 | Dividend | $0.03 | -- |
| 2020-07-13 | Dividend | $0.03 | -- |
| 2019-08-15 | Split |
HONE Dividends vs. Peers
HONE's dividend yield currently ranks #63 of 111 vs. its peers in the Northeast Regional Banks category.