Hingham Institution for Savings is engaged in the business of commercial and residential real estate mortgage lending, funded by retail deposits, wholesale deposits and borrowings. Co. focuses on the origination of commercial and residential real estate loans in its primary market area. In its residential lending business, Co. originates both qualified mortgage loans and non-qualified mortgage loans. Co. also provides a variety of deposit accounts to individuals and commercial customers. Co.'s primary market area is eastern Massachusetts, with the majority of deposit funding and mortgage lending in close proximity to its branches in Boston, the South Shore, and on the island of Nantucket. The HIFS stock yearly return is shown above.
The yearly return on the HIFS stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HIFS annual return calculation with any dividends reinvested as applicable (on ex-dates).
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