Hingham Institution for Savings declares a $0.63 regular and $0.70 special quarterly dividend for January 2026.
Quiver AI Summary
Hingham Institution for Savings announced a regular quarterly dividend of $0.63 per share, along with a special dividend of $0.70 per share, both set to be paid on January 14, 2026, to stockholders of record as of January 5, 2026. This marks the 128th consecutive quarterly dividend for the Bank, which has a history of paying special cash dividends most years. Although no special dividends were declared in 2023 or 2024, the Bank evaluates its capital allocation strategies regularly, taking into account its capital requirements and potential returns from other options like new loan originations and share repurchases. Hingham Institution for Savings has been in operation since 1834 and is recognized as one of the oldest banks in America, with its stock listed on NASDAQ under the symbol HIFS.
Potential Positives
- The Board of Directors has declared both a regular quarterly dividend of $0.63 per share and a special dividend of $0.70 per share, indicating strong capital management and returns to shareholders.
- This marks the Bank's 128th consecutive quarterly dividend, showcasing its long-term commitment to returning value to its investors.
- The consistent history of declaring special cash dividends over the past thirty years highlights the Bank's financial stability and ability to reward shareholders.
- The decision to assess capital allocation options quarterly suggests an adaptable and proactive financial strategy in response to market conditions.
Potential Negatives
- While the Bank declared both regular and special dividends, it did not issue a special dividend in 2023 or 2024, which may raise concerns about its previous consistency in returning capital to shareholders.
- The need for the Bank to set the level of special dividends based on capital requirements and the return on other capital allocation options may indicate potential instability in future dividend payouts.
- The Bank's potential volatility in special dividends may create uncertainty for shareholders regarding the predictability of their returns in the upcoming years.
FAQ
What is the amount of the regular quarterly dividend declared by Hingham Institution for Savings?
The Board of Directors has declared a regular quarterly dividend of $0.63 per share.
When will the special dividend be paid to shareholders?
The special dividend will be paid on January 14, 2026, to stockholders of record as of January 5, 2026.
How many consecutive quarterly dividends has Hingham Institution for Savings declared?
This will be the Bank's 128th consecutive quarterly dividend.
Has Hingham Institution for Savings declared special dividends in recent years?
Yes, the Bank typically declares special cash dividends but did not do so in 2023 or 2024.
Where can I find the stock listing for Hingham Institution for Savings?
The Bank's shares are listed and traded on NASDAQ under the symbol HIFS.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HIFS Hedge Fund Activity
We have seen 55 institutional investors add shares of $HIFS stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE STREET CORP added 24,216 shares (+42.2%) to their portfolio in Q3 2025, for an estimated $6,387,696
- GOLDMAN SACHS GROUP INC added 16,642 shares (+507.1%) to their portfolio in Q3 2025, for an estimated $4,389,826
- TWO SIGMA INVESTMENTS, LP added 16,360 shares (+150.9%) to their portfolio in Q3 2025, for an estimated $4,315,440
- BANK OF AMERICA CORP /DE/ added 10,687 shares (+337.2%) to their portfolio in Q3 2025, for an estimated $2,819,016
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 10,658 shares (+228.5%) to their portfolio in Q3 2025, for an estimated $2,811,367
- UBS GROUP AG added 9,493 shares (+15.7%) to their portfolio in Q3 2025, for an estimated $2,504,063
- MILLENNIUM MANAGEMENT LLC added 8,823 shares (+230.8%) to their portfolio in Q3 2025, for an estimated $2,327,330
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HINGHAM, Mass., Nov. 24, 2025 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly dividend of $0.63 per share. The dividend will be paid on January 14, 2026 to stockholders of record as of January 5, 2026.
In addition to the regular quarterly dividend, the Bank's Board of Directors announced that it will pay a special dividend of $0.70 per share. This special dividend will also be paid on January 14, 2026 to stockholders of record as of January 5, 2026.
The Bank regularly considers all capital allocation options and continues to return capital to the ownership through both regular and special dividends. This will be our 128th consecutive quarterly dividend. The Bank has also generally declared special cash dividends in each of the last thirty years, typically in the fourth quarter, but did not declare a special dividend in 2023 or 2024. The Bank sets the level of the special dividend based on the Bank’s capital requirements and the prospective return on other capital allocation options, particularly the incremental return on capital from new loan originations and share repurchases. This may result in special dividends, if any, significantly above or below the regular quarterly dividend.
All capital allocation options, including future regular dividends, special dividends, and share repurchases, will be considered by the Board of Directors on a quarterly basis.
Incorporated in 1834, Hingham Institution for Savings is one of America’s oldest banks. The Bank maintains offices in Boston, Nantucket, Washington, D.C., and San Francisco.
The Bank’s shares of common stock are listed and traded on The NASDAQ Stock Market under the symbol HIFS.
CONTACT: Patrick R. Gaughen, President & Chief Operating Officer (781) 783-1761
