Home Markets Dividend Growth of Huntington Bancshares Incorporated(HBAN)

Dividend Growth of Huntington Bancshares Incorporated(HBAN)


Huntington Bancshares Incorporated(HBAN) is having a Dividend Yield of 2.25% with the Annual cash Dividend per share of $0.29. The last quarter cash dividend per share pay out was $0.08. Huntington Bancshares Incorporated has a 5 year average dividend yield of 2.39% and the stock has a Indicated annual dividend of $0.32. Huntington Bancshares Incorporated(HBAN) formally announced its most recent dividend on January 20, 2017 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.32. The dividend yield based on the forward looking indicated annual dividend is 2.25%. Huntington Bancshares Incorporated(HBAN) has the most recent dividend payout ratio of 0.37 with a 5-year average payout ratio of 0.29. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.08. The 5 year historical dividend growth of Huntington Bancshares Incorporated(HBAN) is at the rate of 15.84% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Huntington Bancshares Incorporated (NASDAQ:HBAN) witnessed a decline in the market cap on Thursday as its shares dropped 0.35% or 0.05 points. After the session commenced at $14.17, the stock reached the higher end at $14.24 while it hit a low of $14.02. With the volume soaring to 6,351,308 shares, the last trade was called at $14.17. The company has a 52-week high of $14.28. The company has a market cap of $15,384 million and there are 1,085,688,540 shares in outstanding. The 52-week low of the share price is $8.045. Shares of Huntington Bancshares Incorporated rose by 4.58% in the last five trading days and 7.76% for the last 4 weeks. Huntington Bancshares Incorporated is up 19.19% in the last 3-month period. Year-to-Date the stock performance stands at 7.19%.

Currently the company Insiders own 1.65% of Huntington Bancshares Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.66% . Institutional Investors own 70.49% of Huntington Bancshares Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -6.79%. Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Ann B Crane (director) purchased 2,326 shares at 10.12 per share price.On Nov 30, 2016, Helga Houston (Senior Exec. V. P.) sold 8,378 shares at 12.33 per share price.On Nov 14, 2016, Sandra E. Pierce (Senior Exec Vice President) sold 52,994 shares at 11.63 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 3, 2017 to Equal Weight, Raises Price Target to $ 14 from a previous price target of $11 .Company shares were Reiterated by Wedbush on Nov 30, 2016 to Outperform, Raises Price Target to $ 14 from a previous price target of $13 .Huntington Bancshares Incorporated was Downgraded by Jefferies to Hold on Nov 28, 2016. Huntington Bancshares Incorporated was Upgraded by Macquarie to Outperform on Nov 22, 2016.

Huntington Bancshares Incorporated Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.22. The company had revenue of $1082.00 million for the quarter, compared to analysts expectations of $1041.42 million. The companys revenue was up 39.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.

Huntington Bancshares is a multi-state bank holding company. Its subsidiaries conduct a full-service commercial and consumer banking business, engage in mortgage banking, lease financing, trust services, discount brokerage services, underwriting credit life and disability insurance, selling other insurance products, and issuing commercial paper guaranteed by Huntington, and providing other financial products and services.



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