Hingham Institution for Savings (NASDAQ:HIFS) to Issue $0.63 Quarterly Dividend

Posted by Donald Scott on Nov 2nd, 2024

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) announced a quarterly dividend on Wednesday, September 25th, Zacks reports. Investors of record on Monday, November 4th will be paid a dividend of 0.63 per share by the savings and loans company on Wednesday, November 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, November 4th.

Hingham Institution for Savings has increased its dividend by an average of 5.0% annually over the last three years and has increased its dividend every year for the last 17 years.

Hingham Institution for Savings Stock Up 0.2 %

Shares of HIFS stock traded up $0.48 during mid-day trading on Friday, hitting $254.00. 7,431 shares of the stock traded hands, compared to its average volume of 15,784. Hingham Institution for Savings has a 52-week low of $150.11 and a 52-week high of $271.08. The stock has a market cap of $546.10 million, a P/E ratio of 24.05 and a beta of 1.00. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.62 and a quick ratio of 1.62. The stock’s fifty day moving average is $249.50 and its two-hundred day moving average is $212.73.

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) last posted its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 EPS for the quarter. The firm had revenue of $15.21 million during the quarter. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.28%.

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.