Hingham Savings Declares Regular and Special Dividend

Rhea-AI Summary

Hingham Institution for Savings (NASDAQ: HIFS) announced a regular quarterly dividend of $0.63 per share and a special dividend of $0.70 per share, each payable on January 14, 2026 to shareholders of record as of January 5, 2026. The Bank said it regularly evaluates capital allocation, including dividends and share repurchases, and sets special dividend levels based on capital needs and prospective returns from loans and buybacks.

This marks the Bank's 128th consecutive quarterly dividend; the Bank has typically declared special dividends in the fourth quarter for the past 30 years but did not declare specials in 2023 or 2024.

Positive

• Regular dividend of $0.63 per share declared
• Special dividend of $0.70 per share declared
• Both dividends payable Jan 14, 2026 to record holders Jan 5
• 128th consecutive quarterly dividend for the bank
• Bank states ongoing consideration of dividends and share repurchases

Negative

• No special dividend was declared in 2023 or 2024

HINGHAM, Mass., Nov. 24, 2025 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly dividend of $0.63 per share. The dividend will be paid on January 14, 2026 to stockholders of record as of January 5, 2026.

In addition to the regular quarterly dividend, the Bank's Board of Directors announced that it will pay a special dividend of $0.70 per share. This special dividend will also be paid on January 14, 2026 to stockholders of record as of January 5, 2026.

The Bank regularly considers all capital allocation options and continues to return capital to the ownership through both regular and special dividends. This will be our 128th consecutive quarterly dividend. The Bank has also generally declared special cash dividends in each of the last thirty years, typically in the fourth quarter, but did not declare a special dividend in 2023 or 2024. The Bank sets the level of the special dividend based on the Bank’s capital requirements and the prospective return on other capital allocation options, particularly the incremental return on capital from new loan originations and share repurchases. This may result in special dividends, if any, significantly above or below the regular quarterly dividend.

All capital allocation options, including future regular dividends, special dividends, and share repurchases, will be considered by the Board of Directors on a quarterly basis.

Incorporated in 1834, Hingham Institution for Savings is one of America’s oldest banks. The Bank maintains offices in Boston, Nantucket, Washington, D.C., and San Francisco.

The Bank’s shares of common stock are listed and traded on The NASDAQ Stock Market under the symbol HIFS.

CONTACT: Patrick R. Gaughen, President & Chief Operating Officer (781) 783-1761

FAQ

What dividend did Hingham Institution for Savings (HIFS) declare on November 24, 2025?

HIFS declared a $0.63 regular quarterly dividend and a $0.70 special dividend on November 24, 2025.

When will HIFS pay the regular and special dividends declared in November 2025?

Both the regular and special dividends are payable on January 14, 2026.

What is the record date for HIFS dividends declared November 24, 2025?

The record date for both dividends is January 5, 2026.

How many consecutive quarterly dividends has HIFS paid as of the November 24, 2025 announcement?

The November 24, 2025 announcement marks HIFS's 128th consecutive quarterly dividend.

Will HIFS continue to consider other capital allocation options after the November 2025 dividend?

Yes; the bank said it will continue quarterly consideration of regular dividends, special dividends, and share repurchases.

Did HIFS declare special dividends in recent years before 2025?

The bank generally declared special cash dividends in the fourth quarter for the last 30 years, but did not declare specials in 2023 or 2024.