Huntington Bancshares (NASDAQ:HBANM) Trading Up 0.7% – Still a Buy?

Huntington Bancshares Incorporated (NASDAQ:HBANMGet Free Report) rose 0.7% during mid-day trading on Friday . The stock traded as high as $20.36 and last traded at $20.15. 10,714 shares were traded during mid-day trading, a decline of 19% from the average session volume of 13,275 shares. The stock had previously closed at $20.00.

Huntington Bancshares Trading Up 0.7%

The firm has a fifty day simple moving average of $20.65 and a 200-day simple moving average of $21.34.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Saturday, August 15th were given a $0.3563 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 7.1%.

About Huntington Bancshares

(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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