Hingham Institution for Savings (HIFS) Declares $0.63 Quarterly Dividend; 1.5% Yield

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Hingham Savings Declares Regular Dividend

November 20, 2023 4:01 PM EST

HINGHAM, Mass., Nov. 20, 2023 (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 10, 2024 to stockholders of record as of January 2, 2024.

Robert H. Gaughen, Jr., Chairman and Chief Executive Officer of the Bank, in announcing the dividend, stated, Returns on equity and assets in 2023 have remained significantly lower than our long-term performance, reflecting the... More