Huntington Bancshares (NASDAQ:HBANM) Stock Price Down 0.4% – Should You Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANM)’s stock price fell 0.4% during mid-day trading on Monday . The company traded as low as $22.96 and last traded at $23.01. 6,297 shares changed hands during trading, a decline of 47% from the average session volume of 11,855 shares. The stock had previously closed at $23.10.

Huntington Bancshares Stock Performance

The company’s 50-day simple moving average is $22.26 and its 200-day simple moving average is $22.47.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be issued a $0.3563 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.43 annualized dividend and a dividend yield of 6.2%.

About Huntington Bancshares

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.