Huntington Bancshares (NASDAQ:HBANM) Stock Price Down 1% – Time to Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANMGet Free Report)’s share price dropped 1% during mid-day trading on Friday . The stock traded as low as $20.59 and last traded at $20.68. Approximately 61,005 shares changed hands during mid-day trading, an increase of 418% from the average daily volume of 11,780 shares. The stock had previously closed at $20.89.

Huntington Bancshares Price Performance

The company’s 50-day simple moving average is $21.93 and its 200-day simple moving average is $22.30.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $0.3563 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.43 annualized dividend and a yield of 6.9%.

Huntington Bancshares Company Profile

(Get Free Report)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.

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