The board of directors of Hingham Institution For Savings has declared a regular quarterly cash dividend of 25-cents per share, representing a 4.2 percent increase over the previous quarterly dividend.

The dividend will be paid July 21 to stockholders of record as of July 11.

"Our bank continued its record of maintaining solid capital ratios and sound asset quality while achieving strong growth in the balance sheet," said Robert H. Gaughen Jr., president and chief executive officer of the bank. "This is our 70th consecutive quarterly dividend. We believe in a healthy dividend policy that reflects our continued success. We have increased cash dividends declared to shareholders in each of the past 17 years. This consistency has become a hallmark of our performance."

In addition to regular quarterly cash dividends, Hingham Institution for Savings has declared special cash dividends in each of the last 16 years. Future dividends will be considered by the board of directors on a quarterly basis.