Hingham Institution for Savings has declared a regular quarterly cash dividend of 24-cents per share.

The dividend will be paid on Jan. 20 to stockholders of record as of Jan. 10, according to a statement.

Hingham’s Institution for Savings will also pay a special dividend of 25-cents per share, which represents a 4.2 percent increase over the prior year’s special dividend, according to a statement. The special dividend will also be paid on Jan. 20 to stockholders of record as of Jan. 10.

"The bank continues to show exceptional results in earnings, return on equity and balance sheet growth while maintaining strong asset quality," said Robert H. Gaughen Jr., president and chief executive officer of the bank. "This positive performance has allowed our board to approve the regular quarterly dividend along with an increased special dividend. This 68th consecutive quarterly dividend and the 16th consecutive annual special dividend demonstrate our commitment to a healthy dividend policy that reflects confidence in our ongoing success."