Hilltop Holdings (HTH) stock climbs after dividend hike, new $125 mln buyback and Q4 profit lift
Hilltop Holdings shares rose 2.9% to $37.87 Friday after the company reported a Q4 profit of $41.6 million and raised its quarterly dividend to $0.20 per share. The board approved a new $125 million stock buyback plan through January 2027. Mortgage originations reached $2.4 billion for the quarter. The bank set aside $7.8 million for credit losses as non-accrual loans declined.