Home BancShares Inc., the Conway-based parent company of Centennial Bank, has maintained the quarterly cash dividend paid to shareholders over the past three quarters.
The company's board of directors again declared a 7.5 cent-per-share quarterly cash dividend for the fourth quarter, payable Dec. 4 to shareholders of record as of Nov. 13, the lender said Thursday. That's a 1-cent-per-share, or 15 percent, increase over the fourth-quarter of 2012.
Home BancShares last week reported record third-quarter net income of $18.4 million, the 10th-straight quarter of record earnings.
With this week's closing of its purchase of Liberty Bancshares Inc. of Jonesboro, Centennial Bank has 153 branches in Arkansas, Florida and Alabama.