{"id":750505,"date":"2023-04-24T16:30:36","date_gmt":"2023-04-24T20:30:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\/"},"modified":"2023-04-24T16:30:36","modified_gmt":"2023-04-24T20:30:36","slug":"homestreet-announces-a-common-stock-dividend-of-0-10-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\/","title":{"rendered":"HomeStreet Announces a Common Stock Dividend of $0.10 Per Share"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>HomeStreet Announces a Common Stock Dividend of $0.10 Per Share<\/b><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHomeStreet, Inc. (Nasdaq: HMST) (\u201cHomeStreet\u201d), the parent company of HomeStreet Bank (the \u201cBank\u201d and together with HomeStreet, the \u201cCompany\u201d), announced that the Company&#8217;s Board of Directors approved a $0.10 per share quarterly dividend. The dividend is payable on May 24, 2023 to shareholders of record at the close of business on May 10, 2023.<\/p>\n<p>\n\u201cIn light of the lower level of earnings in the first quarter of 2023 and the highly uncertain interest rate and economic environment over the near term, in an abundance of caution, the Board of Directors determined that it would be prudent to reduce our dividend this quarter to $0.10 per share,\u201d said Mark K. Mason, HomeStreet\u2019s Chairman of the Board, President, and Chief Executive Officer.<\/p>\n<p><b><span class=\"bwuline\">About HomeStreet, Inc.<\/span><\/b><\/p>\n<p>\nHomeStreet, Inc. (Nasdaq:HMST) is a diversified financial services company headquartered in Seattle, Washington, serving consumers and businesses in the Western United States and Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. Its principal subsidiary is HomeStreet Bank. HomeStreet Bank is the winner of the 2022 &#8220;Best Small Bank&#8221; in Washington <i>Newsweek<\/i> magazine award. Certain information about our business can be found on our investor relations web site, located at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fir.homestreet.com&amp;esheet=53385519&amp;newsitemid=20230421005409&amp;lan=en-US&amp;anchor=http%3A%2F%2Fir.homestreet.com&amp;index=1&amp;md5=f56aafa0a4801fd264a6772e946d0438\">http:\/\/ir.homestreet.com<\/a>. HomeStreet Bank is a member of the FDIC and an Equal Housing Lender.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230421005409r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230421005409\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230421005409\/en\/<\/a><\/span><\/p>\n<p><b>Executive Vice President and Chief Financial Officer:<br \/>\n<\/b><br \/>HomeStreet, Inc.<br \/>\n<br \/>John Michel (206) 515-2291<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:john.michel@homestreet.com\">john.michel@homestreet.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fir.homestreet.com&amp;esheet=53385519&amp;newsitemid=20230421005409&amp;lan=en-US&amp;anchor=http%3A%2F%2Fir.homestreet.com&amp;index=2&amp;md5=3d14eceb645bf9b41696617f508cea06\">http:\/\/ir.homestreet.com<br \/>\n<\/a><br \/>or<br \/>\n<br \/><b>Media Relations:<br \/>\n<\/b><br \/>Misty Ford, (206) 876-5506<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:misty.ford@homestreet.com\">misty.ford@homestreet.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Washington United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230421005409\/en\/356756\/3\/HSB_logo_BLKBLUE.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>HomeStreet Announces a Common Stock Dividend of $0.10 Per Share SEATTLE&#8211;(BUSINESS WIRE)&#8211; HomeStreet, Inc. (Nasdaq: HMST) (\u201cHomeStreet\u201d), the parent company of HomeStreet Bank (the \u201cBank\u201d and together with HomeStreet, the \u201cCompany\u201d), announced that the Company&#8217;s Board of Directors approved a $0.10 per share quarterly dividend. The dividend is payable on May 24, 2023 to shareholders of record at the close of business on May 10, 2023. \u201cIn light of the lower level of earnings in the first quarter of 2023 and the highly uncertain interest rate and economic environment over the near term, in an abundance of caution, the Board of Directors determined that it would be prudent to reduce our dividend this quarter to $0.10 per share,\u201d said Mark &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HomeStreet Announces a Common Stock Dividend of $0.10 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-750505","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HomeStreet Announces a Common Stock Dividend of $0.10 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HomeStreet Announces a Common Stock Dividend of $0.10 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HomeStreet Announces a Common Stock Dividend of $0.10 Per Share SEATTLE&#8211;(BUSINESS WIRE)&#8211; HomeStreet, Inc. (Nasdaq: HMST) (\u201cHomeStreet\u201d), the parent company of HomeStreet Bank (the \u201cBank\u201d and together with HomeStreet, the \u201cCompany\u201d), announced that the Company&#8217;s Board of Directors approved a $0.10 per share quarterly dividend. The dividend is payable on May 24, 2023 to shareholders of record at the close of business on May 10, 2023. \u201cIn light of the lower level of earnings in the first quarter of 2023 and the highly uncertain interest rate and economic environment over the near term, in an abundance of caution, the Board of Directors determined that it would be prudent to reduce our dividend this quarter to $0.10 per share,\u201d said Mark &hellip; Continue reading &quot;HomeStreet Announces a Common Stock Dividend of $0.10 Per Share&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-24T20:30:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230421005409r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HomeStreet Announces a Common Stock Dividend of $0.10 Per Share\",\"datePublished\":\"2023-04-24T20:30:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\\\/\"},\"wordCount\":293,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230421005409r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/homestreet-announces-a-common-stock-dividend-of-0-10-per-share\\\/\",\"name\":\"HomeStreet Announces a Common Stock Dividend of $0.10 Per Share - 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