Huntington Bancshares Incorporated (HBAN) To Go Ex-Dividend on December 18th

Huntington Bancshares Incorporated (NASDAQ:HBAN) announced a quarterly dividend on Friday, October 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.155 per share by the bank on Friday, January 2nd. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, December 18th.

Huntington Bancshares has increased its dividend by an average of 0.0%per year over the last three years. Huntington Bancshares has a dividend payout ratio of 39.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Huntington Bancshares to earn $1.57 per share next year, which means the company should continue to be able to cover its $0.62 annual dividend with an expected future payout ratio of 39.5%.

Huntington Bancshares Price Performance

Shares of NASDAQ HBAN opened at $17.74 on Tuesday. The stock has a fifty day moving average price of $16.09 and a 200 day moving average price of $16.57. Huntington Bancshares has a 1-year low of $11.91 and a 1-year high of $18.04. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.92 and a quick ratio of 0.91. The company has a market cap of $25.89 billion, a PE ratio of 12.41, a P/E/G ratio of 0.67 and a beta of 0.96.

Huntington Bancshares (NASDAQ:HBAN) last announced its quarterly earnings data on Monday, December 1st. The bank reported $0.67 EPS for the quarter. The company had revenue of $580.00 million during the quarter. Huntington Bancshares had a net margin of 18.06% and a return on equity of 12.14%. Sell-side analysts forecast that Huntington Bancshares will post 1.39 EPS for the current year.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.