Hearts and Minds Investments (ASX:HM1) declared an interim dividend of AU$0.080 per share for the six months ending Dec. 31, 2024, up from AU$0.070 last year, according to a Monday filing with the Australian bourse.

The rise in dividends is driven by the 23.6% increase in the company's investment portfolio, the filing said.

The dividend has a record date of Feb. 27 and is payable on Apr.17, the filing said.