Huntington Bancshares Incorporated (NASDAQ:HBANM) Declares $0.36 Quarterly Dividend

Huntington Bancshares Incorporated (NASDAQ:HBANM) declared a quarterly dividend on Tuesday, April 1st, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.3563 per share on Monday, June 2nd. This represents a $1.43 dividend on an annualized basis and a yield of 6.20%. The ex-dividend date of this dividend is Thursday, May 15th.

Huntington Bancshares has raised its dividend by an average of 26.0% per year over the last three years.

Huntington Bancshares Stock Performance

Shares of HBANM stock traded down $0.14 during mid-day trading on Tuesday, reaching $22.98. 8,519 shares of the stock traded hands, compared to its average volume of 14,859. The stock’s fifty day simple moving average is $22.79 and its two-hundred day simple moving average is $23.45. Huntington Bancshares has a 1-year low of $21.17 and a 1-year high of $25.39.

About Huntington Bancshares

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.