Hingham Institution for Savings (HIFS) to Issue Quarterly Dividend of $0.63 on November 13th

Posted by Jessica Moore 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 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Monday, November 4th.

Hingham Institution for Savings has increased its dividend by an average of 5.0% per year 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 %

HIFS stock traded up $0.48 during midday trading on Friday, hitting $254.00. 7,431 shares of the company’s stock were exchanged, compared to its average volume of 15,784. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.95. Hingham Institution for Savings has a 12-month low of $150.11 and a 12-month high of $271.08. The firm has a 50 day moving average price of $249.50 and a 200-day moving average price of $212.73. The stock has a market capitalization of $546.10 million, a price-to-earnings ratio of 24.05 and a beta of 1.00.

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 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a return on equity of 2.28% and a net margin of 10.95%. The company had revenue of $15.21 million for the quarter.

About Hingham Institution for Savings

(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.