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

Hingham Institution for Savings (NASDAQ:HIFS) announced a quarterly dividend on Wednesday, September 25th, Zacks reports. Shareholders 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 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 raised its dividend every year for the last 17 years.

Hingham Institution for Savings Stock Performance

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

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings data on Friday, October 11th. The savings and loans company reported $1.44 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

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.