Hilltop Holdings Boosts Dividend to $0.18: A Sign of Strength and Confidence

Hilltop Holdings Inc. (NYSE: HTH) has announced a 6% increase in its quarterly cash dividend, raising it to $0.18 per common share. This move, effective for the first quarter of 2025, reflects the company's strong financial performance and confidence in its future prospects. The dividend increase comes on the heels of Hilltop's fourth quarter and full year 2024 results, which showed a 25% increase in EPS compared to the same period in 2023.

The dividend hike is a testament to Hilltop's robust financial health and its commitment to returning value to shareholders. The company's Board of Directors authorized a new stock repurchase program through January 2026, under which Hilltop may repurchase up to $100.0 million of its outstanding common stock. This further demonstrates Hilltop's confidence in its stock price and its commitment to enhancing shareholder value.

Hilltop's financial results for the fourth quarter of 2024, compared with the same period in 2023, included an increase in net interest income and a reversal of credit losses, partially offset by an increase in noninterest expenses within the banking segment, net revenues and noninterest expenses increased within the broker-dealer segment, and the mortgage origination segment had an increase in noninterest income. For the full year 2024, Hilltop's financial results showed a decline in net interest income, partially offset by a decline in the provision for credit losses within the banking segment, net revenues and noninterest expenses increased within the broker-dealer segment, and the mortgage origination segment had decreases in both noninterest income and expense.



The dividend increase is a positive sign for Hilltop Holdings' investors, as it indicates that the company is generating sufficient cash flow to support both its operations and shareholder distributions. The dividend hike also signals that Hilltop is committed to returning value to shareholders and has a strong financial outlook. As Hilltop continues to execute on its strategic plan, investors can expect the company to maintain its focus on serving its customers and the communities in which it operates, while also protecting its balance sheet and enhancing shareholder value.

In conclusion, Hilltop Holdings' decision to increase its dividend to $0.18 per share is a clear indication of the company's strong financial performance and confidence in its future prospects. The dividend hike, along with the authorization of a new stock repurchase program, demonstrates Hilltop's commitment to returning value to shareholders and enhancing shareholder value. As Hilltop continues to execute on its strategic plan, investors can expect the company to maintain its focus on serving its customers and the communities in which it operates, while also protecting its balance sheet and enhancing shareholder value.