Huntington Bancshares Incorporated Plans Quarterly Dividend of $0.28 (NASDAQ:HBANP)

Huntington Bancshares Incorporated (NASDAQ:HBANP) announced a quarterly dividend on Friday, January 19th, Wall Street Journal reports. Investors of record on Monday, April 1st will be paid a dividend of 0.2813 per share on Monday, April 15th. This represents a $1.13 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date of this dividend is Thursday, March 28th.

Huntington Bancshares Stock Down 0.7 %

Shares of HBANP stock opened at $19.60 on Wednesday. Huntington Bancshares has a 1-year low of $13.16 and a 1-year high of $19.87. The stock’s 50-day moving average is $19.15 and its 200 day moving average is $17.76.

Institutional Investors Weigh In On Huntington Bancshares

A hedge fund recently raised its stake in Huntington Bancshares stock. PNC Financial Services Group Inc. grew its holdings in Huntington Bancshares Incorporated (NASDAQ:HBANP) by 84.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,744 shares of the company’s stock after acquiring an additional 800 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Huntington Bancshares were worth $31,000 at the end of the most recent reporting period.

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.