Huntington Bancshares (NASDAQ:HBANP) Stock Price Down 0.4% – Here’s Why

Huntington Bancshares Incorporated (NASDAQ:HBANP) were down 0.4% on Wednesday . The company traded as low as $17.25 and last traded at $17.2550. Approximately 54,982 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 47,934 shares. The stock had previously closed at $17.32.

Huntington Bancshares Stock Down 0.4%

The business’s fifty day moving average is $17.63 and its 200 day moving average is $17.90.

Huntington Bancshares (NASDAQ:HBANP) last issued its earnings results on Thursday, July 21st. The company reported $0.35 earnings per share for the quarter. The business had revenue of $1.29 billion for the quarter.

Huntington Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Thursday, January 1st will be issued a $0.2813 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Wednesday, December 31st.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.