I bought in and currently have a cost basis of $5.20. I purchased on the down side, and now on the upside. Huntington lost majority of it's value due to Sky bank aq, and then the sub prime crunch. The largest worry was that the bank had gone insolvent, it hasn't and has an A- credit rating. The dividend represents a substantial yield, and they posted earnings not losses this...
Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial and consumer financial products and services. It offers a range of deposit products, including checking accounts, savings accounts, interest bearing and non-interest bearing demand deposits, time deposits, money market deposits, and certificates of deposit. The company’...