Huntington Bancshares Incorporated to Issue Quarterly Dividend of $0.36 (NASDAQ:HBANM)

Huntington Bancshares Incorporated (NASDAQ:HBANM) announced a quarterly dividend on Tuesday, April 1st, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.3563 per share on Monday, June 2nd. This represents a $1.43 annualized dividend and a dividend yield of 6.20%. The ex-dividend date is Thursday, May 15th.

Huntington Bancshares has increased its dividend by an average of 26.0% per year over the last three years.

Huntington Bancshares Price Performance

NASDAQ:HBANM opened at $22.98 on Wednesday. The firm has a 50 day simple moving average of $22.78 and a 200-day simple moving average of $23.44. Huntington Bancshares has a 1-year low of $21.17 and a 1-year high of $25.39.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.