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

Posted by Alanna Baker on Jul 27th, 2024

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) declared a quarterly dividend on Wednesday, June 26th, Wall Street Journal reports. Stockholders of record on Monday, July 29th will be given a dividend of 0.63 per share by the savings and loans company on Wednesday, August 7th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Monday, July 29th.

Hingham Institution for Savings has raised its dividend payment by an average of 5.0% per year over the last three years and has raised its dividend annually for the last 17 consecutive years.

Hingham Institution for Savings Trading Up 3.1 %

NASDAQ:HIFS opened at $241.10 on Friday. Hingham Institution for Savings has a 12 month low of $147.01 and a 12 month high of $241.10. The firm has a market cap of $518.37 million, a price-to-earnings ratio of 25.65 and a beta of 1.01. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 4.07. The company’s 50 day moving average is $183.78 and its 200-day moving average is $177.55.

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) last released its quarterly earnings results on Friday, July 12th. The savings and loans company reported $1.00 EPS for the quarter. Hingham Institution for Savings had a net margin of 10.10% and a return on equity of 2.24%. The company had revenue of $13.10 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Hingham Institution for Savings to a “sell” rating in a research report on Saturday, May 4th.

Check Out Our Latest Report on Hingham Institution for Savings

Hingham Institution for Savings Company Profile

(Get Free Report)

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.