Huntington Bancshares (NASDAQ:HBANP) Trading Up 2.1% – Still a Buy?

Huntington Bancshares Incorporated (NASDAQ:HBANPGet Free Report)’s stock price shot up 2.1% on Wednesday . The company traded as high as $16.44 and last traded at $16.42. 70,428 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 52,822 shares. The stock had previously closed at $16.08.

Huntington Bancshares Trading Down 0.7%

The firm has a fifty day simple moving average of $16.20 and a 200 day simple moving average of $16.82.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a $0.2813 dividend. This represents a $1.12 annualized dividend and a yield of 6.8%. The ex-dividend date is Thursday, October 1st.

About Huntington Bancshares

(Get Free Report)

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.

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