HIPS (NYSE:HIPS) will go ex-dividend tomorrow, February 25, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $0.1075 per share. The dividend will be paid on February 27, 2026.
At the current stock price of $11.88, HIPS's dividend represents an annual yield of 3.62%. The Financial Services company has a market capitalization of $110.3M.
Investors who purchase HIPS shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
The 3.62% dividend yield positions HIPS as a moderate income option. Investors evaluating dividend stocks should consider not just the current yield but the growth rate of the dividend and the company's payout ratio to assess long-term income potential.