Hingham Institution for Savings has declared a regular quarterly cash dividend of 27 cents per share. The dividend will be paid on April 21 to stockholders of record as of April 10.
"The bank continues to achieve outstanding performance year over year with significant balance sheet growth and strong earnings. These results have allowed us to increase cash dividends declared in each of the last 20 years," Robert H. Gaughen Jr., president and CEO, said in a statement. "This is our 81st consecutive quarterly dividend. We believe in a healthy dividend policy that reflects our continued success and rewards our shareholders for their confidence while maintaining a strong capital base."
Hingham Institution for Savings has declared special cash dividends in each of the last nineteen years. Future dividends will be considered by the board of directors on a quarterly basis.