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

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 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Monday, November 4th.

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

Hingham Institution for Savings Stock Performance

NASDAQ:HIFS traded up $0.48 during trading hours on Friday, reaching $254.00. 7,431 shares of the company’s stock were exchanged, compared to its average volume of 15,784. Hingham Institution for Savings has a 1-year low of $150.11 and a 1-year high of $271.08. 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 firm has a market capitalization of $546.10 million, a price-to-earnings ratio of 24.05 and a beta of 1.00. The company has a 50-day moving average of $249.50 and a 200 day moving average of $212.73.

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

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.