{"id":830480,"date":"2025-03-27T08:07:45","date_gmt":"2025-03-27T12:07:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/harborone-bancorp-inc-announces-12-5-increase-in-first-quarter-2025-dividend\/"},"modified":"2025-03-27T08:07:45","modified_gmt":"2025-03-27T12:07:45","slug":"harborone-bancorp-inc-announces-12-5-increase-in-first-quarter-2025-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/harborone-bancorp-inc-announces-12-5-increase-in-first-quarter-2025-dividend\/","title":{"rendered":"HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend"},"content":{"rendered":"<p>        <!--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><b>HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend<\/b><\/p>\n<p>BROCKTON, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHarborOne Bancorp, Inc. (the \u201cCompany\u201d) (NASDAQ: HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share, which represents an increase of $0.01 per share, or 12.5%, compared to its most recent dividend paid on January 14, 2025. The dividend will be paid on April 23, 2025 to all shareholders of record as of the close of business on April 9, 2025.\n<\/p>\n<p>\n\u201cWe are very pleased to provide an increase of 12.5% to the quarterly cash dividend payment on the Company\u2019s common stock from $0.08 to $0.09 commencing in the first quarter of 2025,\u201d said Joseph F. Casey, President and Chief Executive Officer of the Company. \u201cThe dividend increase is supported by our current and projected earnings as we continue executing our business plan.\u201d\n<\/p>\n<p>\nThe increased quarterly dividend level equates to an annualized dividend rate of $0.36 per common share.\n<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nCertain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as \u201cbelieves,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cexpects,\u201d \u201cproject,\u201d \u201cmay,\u201d \u201ccould,\u201d \u201cdevelopments,\u201d \u201cstrategic,\u201d \u201claunching,\u201d \u201copportunities,\u201d \u201canticipates,\u201d \u201cestimates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201ctargets\u201d and similar expressions. These statements are based upon the current beliefs and expectations of the Company\u2019s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, changes in general business and economic conditions (including inflation and concerns about inflation) on a national basis and in the local markets in which the Company operates, including changes that adversely affect borrowers\u2019 ability to service and repay the Company\u2019s loans; changes in customer behavior; ongoing turbulence in the capital and debt markets and the impact of such conditions on the Company\u2019s business activities; changes in interest rates; increases in loan default and charge-off rates; decreases in the value of securities in the Company\u2019s investment portfolio; fluctuations in real estate values; the possibility that future credit losses may be higher than currently expected due to changes in economic assumptions, customer behavior or adverse economic developments; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; competitive pressures from other financial institutions; cybersecurity incidents, fraud, natural disasters, war, terrorism, civil unrest, and future pandemics; changes in regulation; changes in accounting standards and practices; the risk that goodwill and intangibles recorded in the Company\u2019s financial statements will become impaired; demand for loans in the Company\u2019s market area; the Company\u2019s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that the Company may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the SEC, which are available at the SEC\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54229446&amp;newsitemid=20250327863798&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=8d1ef8b7ec97d91eb4c600ce8e05d510\">www.sec.gov<\/a>. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, the Company\u2019s actual results could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as required by law.\n<\/p>\n<p><b>About HarborOne Bancorp, Inc.<\/b><\/p>\n<p>\nHarborOne Bancorp, Inc. is the holding company for HarborOne Bank, a Massachusetts-chartered trust company. HarborOne Bank serves the financial needs of consumers, businesses, and municipalities throughout Eastern Massachusetts and Rhode Island through a network of 30 full-service branches located in Massachusetts and Rhode Island, and a commercial lending office in each of Boston, Massachusetts and Providence, Rhode Island. HarborOne Bank also provides a range of educational resources through \u201cHarborOne U,\u201d with free digital content, webinars, and recordings for small business and personal financial education. HarborOne Mortgage, LLC, a subsidiary of HarborOne Bank, provides mortgage lending services throughout New England and other states.\n<\/p>\n<p>\nCategory: All Releases\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327863798r1&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\/20250327863798\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327863798\/en\/<\/a><\/span><\/p>\n<p>\nStephen W. Finocchio, EVP Chief Financial Officer (508) 895-1180\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Banking Accounting Professional Services Legal<\/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\/20250327863798\/en\/833514\/3\/Logo_for_BusWire3755472_HarborOne_Bancorp_Logo.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>HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend BROCKTON, Mass.&#8211;(BUSINESS WIRE)&#8211; HarborOne Bancorp, Inc. (the \u201cCompany\u201d) (NASDAQ: HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share, which represents an increase of $0.01 per share, or 12.5%, compared to its most recent dividend paid on January 14, 2025. The dividend will be paid on April 23, 2025 to all shareholders of record as of the close of business on April 9, 2025. \u201cWe are very pleased to provide an increase of 12.5% to the quarterly cash dividend payment on the Company\u2019s common stock from $0.08 to $0.09 commencing in the first quarter of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/harborone-bancorp-inc-announces-12-5-increase-in-first-quarter-2025-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend&#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-830480","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend - 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\/harborone-bancorp-inc-announces-12-5-increase-in-first-quarter-2025-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HarborOne Bancorp, Inc. Announces 12.5% Increase in First Quarter 2025 Dividend BROCKTON, Mass.&#8211;(BUSINESS WIRE)&#8211; HarborOne Bancorp, Inc. (the \u201cCompany\u201d) (NASDAQ: HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share, which represents an increase of $0.01 per share, or 12.5%, compared to its most recent dividend paid on January 14, 2025. The dividend will be paid on April 23, 2025 to all shareholders of record as of the close of business on April 9, 2025. \u201cWe are very pleased to provide an increase of 12.5% to the quarterly cash dividend payment on the Company\u2019s common stock from $0.08 to $0.09 commencing in the first quarter of &hellip; Continue reading &quot;HarborOne Bancorp, Inc. 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