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

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) declared a quarterly dividend on Wednesday, September 30th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.63 per share by the savings and loans company on Thursday, November 12th. This represents a $2.52 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, November 2nd.

Hingham Institution for Savings has decreased its dividend by an average of 0.1% per year over the last three years.

Hingham Institution for Savings Stock Performance

NASDAQ:HIFS opened at $301.12 on Friday. The business’s 50-day moving average price is $297.40 and its two-hundred day moving average price is $293.23. Hingham Institution for Savings has a twelve month low of $249.58 and a twelve month high of $337.99. The stock has a market cap of $656.44 million, a P/E ratio of 10.80 and a beta of 0.87. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 2.77.

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) last issued its quarterly earnings results on Friday, October 16th. The savings and loans company reported $5.37 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a return on equity of 8.81% and a net margin of 24.95%. The firm had revenue of $25.37 million during the quarter.

Hingham Institution for Savings Company Profile

(Get Free Report)

Hingham Institution for Savings is a community bank headquartered in Hingham, Massachusetts. Founded in 1834, the institution provides banking services to individuals, families, businesses and organizations in eastern Massachusetts, including the South Shore and Nantucket.

The bank offers deposit products such as checking, savings, money market and certificate of deposit accounts, along with online and traditional banking services. Its lending activities include residential mortgages, home equity loans, commercial real estate financing, construction loans and other business loans.

Hingham Institution for Savings emphasizes relationship-based banking and locally focused lending.

Further Reading

Dividend History for Hingham Institution for Savings (NASDAQ:HIFS)

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