Huntington Bancshares (NASDAQ:HBANP) Trading Up 0.6% – Should You Buy?

Shares of Huntington Bancshares Incorporated (NASDAQ:HBANP) rose 0.6% during trading on Friday . The company traded as high as $17.72 and last traded at $17.72. Approximately 20,583 shares were traded during trading, a decline of 61% from the average daily volume of 53,219 shares. The stock had previously closed at $17.62.

Huntington Bancshares Stock Up 0.6%

The firm’s fifty day moving average price is $17.49 and its 200-day moving average price is $17.91.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.2813 per share. This represents a $1.13 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, April 1st.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.