Hingham Institution for Savings (NASDAQ:HIFS) to Issue $0.63 Quarterly Dividend

Posted by Financial News Live on Nov 26th, 2024

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) announced a quarterly dividend on Tuesday, November 26th,Wall Street Journal reports. Investors of record on Monday, January 6th will be given a dividend of 0.63 per share by the savings and loans company on Wednesday, January 15th. This represents a $2.52 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Monday, January 6th.

Hingham Institution for Savings has increased its dividend by an average of 5.0% annually over the last three years and has raised its dividend annually for the last 17 consecutive years.

Hingham Institution for Savings Trading Down 0.3 %

Shares of HIFS traded down $0.80 during mid-day trading on Tuesday, reaching $284.36. The company had a trading volume of 8,943 shares, compared to its average volume of 15,648. Hingham Institution for Savings has a fifty-two week low of $150.11 and a fifty-two week high of $300.00. The firm has a fifty day simple moving average of $259.04 and a 200-day simple moving average of $225.04. The stock has a market cap of $610.52 million, a price-to-earnings ratio of 26.60 and a beta of 0.99. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63.

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) last released its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 earnings per share for the quarter. Hingham Institution for Savings had a return on equity of 2.27% and a net margin of 10.95%. The business had revenue of $15.21 million for the quarter.

Hingham Institution for Savings Company Profile

(Get Free Report)

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.