Hingham Institution for Savings (NASDAQ:HIFS) Shareholders Set to Receive $0.63 Quarterly Dividend

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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, November 2nd.

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

Hingham Institution for Savings Stock Performance

Shares of HIFS stock opened at $301.12 on Friday. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.49 and a quick ratio of 1.49. The company’s fifty day moving average price is $297.40 and its two-hundred day moving average price is $293.23. The firm has a market capitalization of $656.44 million, a P/E ratio of 15.68 and a beta of 0.87. Hingham Institution for Savings has a 12 month low of $249.58 and a 12 month high of $337.99.

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

See Also

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

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