First Hawaiian, Inc. (FHB) To Go Ex-Dividend on August 17th

First Hawaiian, Inc. (NASDAQ:FHB) declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Monday, August 17th will be paid a dividend of 0.26 per share by the bank on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, August 17th.

First Hawaiian has a payout ratio of 49.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect First Hawaiian to earn $2.51 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 41.4%.

First Hawaiian Trading Down 0.7%

First Hawaiian stock opened at $27.66 on Friday. The company has a market capitalization of $3.37 billion, a P/E ratio of 12.03, a P/E/G ratio of 1.76 and a beta of 0.73. The firm’s fifty day simple moving average is $28.59 and its 200-day simple moving average is $26.95. First Hawaiian has a 1-year low of $22.65 and a 1-year high of $30.58.

First Hawaiian (NASDAQ:FHB) last released its quarterly earnings data on Friday, July 24th. The bank reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The business had revenue of $231.27 million during the quarter, compared to analyst estimates of $227.77 million. First Hawaiian had a net margin of 24.41% and a return on equity of 10.27%. During the same quarter in the previous year, the business earned $0.58 EPS. On average, equities research analysts predict that First Hawaiian will post 2.34 earnings per share for the current year.

About First Hawaiian

First Hawaiian, Inc is the oldest and largest bank in Hawaii, operating as the bank holding company for First Hawaiian Bank. Established in 1858, the company offers a full suite of financial services to individual, business and institutional clients. Its product portfolio includes consumer and commercial lending, deposit accounts, treasury and cash management, foreign exchange and trade finance, as well as wealth management and trust services.

First Hawaiian serves customers through an extensive network of branches, ATMs and digital channels across the Hawaiian Islands, Guam, Saipan and American Samoa.