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Hingham Institution for Savings Declares 23-Cent Dividend

Jun 24, 2010 | Reprints | Unlock Link | Print

The board of directors of Hingham Institution for Savings has declared a regular quarterly cash dividend of 23-cents per share.

The dividend will be paid July 20 to stockholders of record as of July 9.

"This 66th consecutive quarterly dividend represents our board’s continued commitment to a healthy dividend policy," said Robert H. Gaughen Jr., president and chief executive officer of the bank. "We are proud of the fact that we have increased cash dividends to shareholders in each of the past 15 years. Despite continued stress in the economy, our record earnings confirm our faith in our core strategies."

In addition to regular quarterly cash dividends, Hingham Institution for Savings has declared special cash dividends in each of the last 15 years, according to a statement.

Banking & Lending