HarborOne Bancorp Plunges 9.09% on Earnings Report

HarborOne Bancorp's stock price experienced a significant drop of 9.09% in pre-market trading on April 4, 2025, marking a notable decline for the financial institution.

HarborOne Bancorp has announced an increase in its periodic dividend, set to rise to $0.09 per share on April 23, 2025. This represents a 13% increase from the previous year, which is likely to be welcomed by investors seeking higher returns.

The company reported a net income of $8.9 million for the fourth quarter, reflecting its financial performance and stability. This earnings report is crucial for investors as it provides insights into the company's profitability and operational efficiency.

HarborOne Bancorp's annual dividend stands at $0.36 per share, with a yield of 3.64%. The dividend is paid quarterly, and the next ex-dividend date is in April. This consistent dividend payout is a positive indicator for investors looking for steady income from their investments.