Hingham Institution for Savings (HIFS) To Go Ex-Dividend on May 5th

Hingham Institution for Savings (NASDAQ:HIFS) declared a quarterly dividend on Monday, April 14th, Wall Street Journal reports. Stockholders of record on Monday, May 5th will be paid a dividend of 0.63 per share by the savings and loans company on Wednesday, May 14th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Monday, May 5th.

Hingham Institution for Savings has increased its dividend by an average of 6.6% annually over the last three years.

Hingham Institution for Savings Price Performance

Shares of NASDAQ:HIFS opened at $234.70 on Wednesday. The company’s 50 day moving average is $245.30 and its 200 day moving average is $255.44. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a twelve month low of $162.84 and a twelve month high of $300.00. The company has a market cap of $504.61 million, a PE ratio of 18.29 and a beta of 0.92.

Hingham Institution for Savings (NASDAQ:HIFS) last posted its earnings results on Friday, April 11th. The savings and loans company reported $2.78 earnings per share (EPS) for the quarter. The company had revenue of $17.59 million during the quarter. Hingham Institution for Savings had a return on equity of 2.95% and a net margin of 12.97%.

Analysts Set New Price Targets

Separately, StockNews.com cut Hingham Institution for Savings from a “hold” rating to a “sell” rating in a research report on Tuesday, April 8th.

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.