Hingham Institution for Savings (NASDAQ:HIFS) to Issue $0.70 Special Dividend

Hingham Institution for Savings (NASDAQ:HIFS) declared a special dividend on Monday, November 24th. Stockholders of record on Monday, January 5th will be given a dividend of 0.70 per share by the savings and loans company on Wednesday, January 14th. The ex-dividend date is Monday, January 5th.

Hingham Institution for Savings has decreased its dividend payment by an average of 0.0%annually over the last three years.

Hingham Institution for Savings Price Performance

NASDAQ:HIFS traded up $22.29 during mid-day trading on Tuesday, hitting $296.24. 36,597 shares of the company traded hands, compared to its average volume of 52,031. The stock’s fifty day moving average price is $279.87 and its 200-day moving average price is $264.66. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.59 and a current ratio of 1.59. Hingham Institution for Savings has a one year low of $209.71 and a one year high of $320.00.

Hingham Institution for Savings (NASDAQ:HIFS) last announced its quarterly earnings data on Friday, October 10th. The savings and loans company reported $3.86 EPS for the quarter. The business had revenue of $30.90 million for the quarter. Hingham Institution for Savings had a return on equity of 6.12% and a net margin of 19.77%.

Hedge Funds Weigh In On Hingham Institution for Savings

Institutional investors have recently made changes to their positions in the company. Resources Management Corp CT ADV purchased a new stake in shares of Hingham Institution for Savings during the first quarter worth about $30,000. Caitong International Asset Management Co. Ltd acquired a new position in Hingham Institution for Savings in the 3rd quarter valued at about $41,000. Inceptionr LLC purchased a new position in Hingham Institution for Savings in the third quarter worth approximately $202,000. RWA Wealth Partners LLC purchased a new position in shares of Hingham Institution for Savings during the 3rd quarter worth $204,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Hingham Institution for Savings in the 3rd quarter valued at approximately $211,000. 49.33% of the stock is owned by hedge funds and other institutional investors.

Hingham Institution for Savings Company Profile

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.