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

Key Points

• Quarterly dividend: Hingham declared a $0.63 per-share quarterly dividend, with the ex-dividend and record date on May 4 and payment scheduled for May 13, implying a roughly 0.9% yield.
• Recent results & valuation: The bank reported $4.79 EPS and $22.43M in revenue for the quarter, has a market cap of $624.9M and a P/E of 12.56, and the stock trades near $286 (50/200‑day moving averages ≈ $285.9/$290.1).

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) declared a quarterly dividend on Wednesday, March 25th. Shareholders of record on Monday, May 4th will be given a dividend of 0.63 per share by the savings and loans company on Wednesday, May 13th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, May 4th.

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

Hingham Institution for Savings Stock Performance

HIFS traded up $2.19 during trading on Friday, hitting $286.39. 23,793 shares of the stock were exchanged, compared to its average volume of 51,704. The firm has a market capitalization of $624.90 million, a P/E ratio of 12.56 and a beta of 0.94. Hingham Institution for Savings has a 1-year low of $220.76 and a 1-year high of $337.99. The stock has a fifty day moving average price of $285.87 and a two-hundred day moving average price of $290.14. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.31.

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last released its quarterly earnings results on Friday, April 17th. The savings and loans company reported $4.79 EPS for the quarter. The company had revenue of $22.43 million for the quarter. Hingham Institution for Savings had a return on equity of 8.06% and a net margin of 21.17%.

About Hingham Institution for Savings

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.

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