Hingham Savings Declares Regular Dividend
Hingham Institution for Savings (HIFS)
US:NASDAQ Investor Relations:
hinghamsavings.com/investor-materials
Company Research
Source: GlobeNewswire
HINGHAM, Mass., Nov. 25, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.63 per share. The dividend will be paid on January 15, 2025 to stockholders of record as of January 6, 2025. Robert H. Gaughen, Jr., Chairman and Chief Executive Officer of the Bank, in announcing the dividend, stated, “Returns on equity and assets in 2024 have been significantly lower than our long-term performance, reflecting the challenge from the increase in short-term interest rates over the last twenty-four months and a historically long and deep inversion of the yield curve. These conditions have posed a significant - albeit ultimately temporary - challenge to our business model. Our core business has been particularly challenged during this period and our investment operations have been critical to sustaining some growth in book value per share in thi
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News
- Hingham Institution for Savings (NASDAQ:HIFS) shareholders have earned a 74% return over the last year [Yahoo! Finance]Yahoo! Finance
- Hingham Savings Declares Regular Dividend [Yahoo! Finance]Yahoo! Finance
- Hingham Institution for Savings Non-GAAP EPS of $1.44, revenue of $15.2M [Seeking Alpha]Seeking Alpha
- Hingham Institution for Savings Third Quarter 2024 Earnings: EPS: US$2.68 (vs US$1.53 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Hingham Savings Reports Third Quarter 2024 ResultsGlobeNewswire