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

Hingham Institution for Savings (NASDAQ:HIFS) declared a quarterly dividend on Wednesday, March 27th, NASDAQ reports. Investors of record on Monday, May 6th will be given a dividend of 0.63 per share by the savings and loans company on Wednesday, May 15th. This represents a $2.52 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Friday, May 3rd.

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

Hingham Institution for Savings Stock Performance

NASDAQ:HIFS traded down $0.24 on Wednesday, hitting $168.66. The company’s stock had a trading volume of 1,218 shares, compared to its average volume of 16,250. Hingham Institution for Savings has a one year low of $147.01 and a one year high of $230.77. The firm has a market capitalization of $362.62 million, a P/E ratio of 14.97 and a beta of 1.02. The stock has a fifty day moving average of $168.62 and a two-hundred day moving average of $173.23. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.15.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its quarterly earnings results on Friday, April 12th. The savings and loans company reported $1.01 earnings per share for the quarter. Hingham Institution for Savings had a return on equity of 2.73% and a net margin of 12.38%. The business had revenue of $15.33 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com raised Hingham Institution for Savings to a “sell” rating in a report on Wednesday, April 17th.

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.