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

Huntington Bancshares Incorporated (NASDAQ:HBANM) declared 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 yield of 6.29%. The ex-dividend date is Thursday, May 15th.

Huntington Bancshares has raised its dividend by an average of 26.0% annually over the last three years.

Huntington Bancshares Stock Down 2.5 %

HBANM stock opened at $22.67 on Thursday. Huntington Bancshares has a one year low of $21.17 and a one year high of $25.39. The firm’s 50 day moving average price is $22.77 and its 200-day moving average price is $23.43.

About Huntington Bancshares

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.