Hilltop Holdings Inc. (NYSE:HTH) Plans $0.08 Quarterly Dividend
Hilltop Holdings Inc. (NYSE:HTH) declared a quarterly dividend on Thursday, July 25th, Zacks reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.08 per share by the financial services provider on Friday, August 30th. This represents a $0.32 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, August 14th.
Shares of HTH opened at $22.10 on Tuesday. The company has a 50 day simple moving average of $21.78. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.99 and a quick ratio of 0.85. The firm has a market capitalization of $2.08 billion, a P/E ratio of 17.27 and a beta of 0.88. Hilltop has a 52-week low of $16.43 and a 52-week high of $23.38.
Hilltop (NYSE:HTH) last announced its quarterly earnings results on Thursday, July 25th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.24. The firm had revenue of $420.75 million during the quarter, compared to the consensus estimate of $380.83 million. Hilltop had a return on equity of 8.02% and a net margin of 9.56%. During the same period in the prior year, the company posted $0.35 earnings per share. On average, equities research analysts predict that Hilltop will post 1.85 EPS for the current fiscal year.
In other Hilltop news, insider Hill A. Feinberg sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $20.26, for a total value of $810,400.00. Following the completion of the sale, the insider now owns 809,153 shares in the company, valued at $16,393,439.78. The sale was disclosed in a document filed with the SEC, which is available through this link. 21.20% of the stock is currently owned by insiders.
Hilltop Holdings Inc provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance.
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