Huntington Bancshares (NASDAQ:HBANM) Stock Price Down 0.4% – Here’s Why

Huntington Bancshares Incorporated (NASDAQ:HBANMGet Free Report)’s share price traded down 0.4% during trading on Thursday . The company traded as low as $20.34 and last traded at $20.85. Approximately 15,533 shares changed hands during trading, an increase of 20% from the average daily volume of 12,973 shares. The stock had previously closed at $20.93.

Huntington Bancshares Price Performance

The company has a 50-day simple moving average of $20.71 and a two-hundred day simple moving average of $21.62.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Saturday, August 15th will be paid a dividend of $0.3563 per share. This represents a $1.43 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, August 14th.

Huntington Bancshares Company Profile

(Get Free Report)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.

Further Reading

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