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

Hingham Institution for Savings (NASDAQ:HIFS) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Monday, August 3rd will be paid a dividend of 0.63 per share by the savings and loans company on Wednesday, August 12th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, August 3rd.

Hingham Institution for Savings has decreased its dividend payment by an average of 0.1%annually over the last three years.

Hingham Institution for Savings Trading Up 0.8%

Shares of Hingham Institution for Savings stock opened at $285.18 on Friday. Hingham Institution for Savings has a 52-week low of $235.17 and a 52-week high of $337.99. The firm has a market capitalization of $621.69 million, a PE ratio of 9.50 and a beta of 0.83. The company has a debt-to-equity ratio of 2.93, a current ratio of 1.64 and a quick ratio of 1.64. The company’s fifty day moving average price is $291.25 and its two-hundred day moving average price is $290.74.

Hingham Institution for Savings (NASDAQ:HIFS) last issued its earnings results on Friday, July 17th. The savings and loans company reported $4.82 earnings per share for the quarter. The business had revenue of $42.92 million for the quarter. Hingham Institution for Savings had a net margin of 25.94% and a return on equity of 8.43%.

Hingham Institution for Savings Company Profile

Hingham Institution for Savings is a mutual savings bank headquartered in Hingham, Massachusetts. Founded in 1834, the bank combines the community-oriented focus of a mutual institution with the transparency and oversight associated with a publicly traded company under the NASDAQ ticker HIFS.

The institution’s core activities include deposit and lending services tailored to individuals and businesses. Deposit offerings encompass checking and savings accounts, money market accounts, certificates of deposit and individual retirement accounts, supported by online and mobile banking platforms.