Huntington Bancshares (NASDAQ:HBANM) Stock Price Up 0.7% – Still a Buy?

Huntington Bancshares Incorporated (NASDAQ:HBANMGet Free Report) shares traded up 0.7% during mid-day trading on Friday . The company traded as high as $20.36 and last traded at $20.15. 10,714 shares were traded during trading, a decline of 19% from the average session volume of 13,275 shares. The stock had previously closed at $20.00.

Huntington Bancshares Price Performance

The firm’s 50-day moving average is $20.65 and its 200 day moving average is $21.34.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th were paid a $0.3563 dividend. The ex-dividend date was Friday, August 14th. This represents a $1.43 dividend on an annualized basis and a yield of 7.1%.

Huntington Bancshares Company Profile

(Get Free Report)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.

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