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

Posted by Trevor Kearing on Nov 27th, 2024

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) announced a quarterly dividend on Tuesday, November 26th,Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Monday, January 6th.

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

Hingham Institution for Savings Trading Down 0.3 %

Shares of HIFS stock traded down $0.80 during mid-day trading on Wednesday, hitting $284.36. 8,943 shares of the company’s stock were exchanged, compared to its average volume of 13,208. Hingham Institution for Savings has a fifty-two week low of $150.11 and a fifty-two week high of $300.00. The stock has a 50-day simple moving average of $259.73 and a two-hundred day simple moving average of $225.76. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. The stock has a market cap of $611.37 million, a price-to-earnings ratio of 26.93 and a beta of 0.99.

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

About Hingham Institution for Savings

(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.