Northwest Bancshares's most recent quarterly dividend payment of $0.2 per share was made to shareholders on record before Nov 2, 2022. The payout stands at $0.8 per share annually, which works out to a dividend yield of 5.34%.
NWBI has a dividend yield of 5.34% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.68%, Northwest Bancshares's dividend yield is 99% higher. Historically NWBI's dividend yield has averaged at 5.3% in the last 5 years, which is in line with the current one.
Northwest Bancshares has been paying dividends for the last 26 years. According to our data NWBI has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1.3% for the last year. However since the stock price has gone up by 11% from a year ago, the dividend yield has decreased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 2, 2022 | Nov 14, 2022 | Oct 24, 2022 | $0.2 | normal |
| Aug 3, 2022 | Aug 15, 2022 | Jul 25, 2022 | $0.2 | normal |
| May 4, 2022 | May 16, 2022 | $0.2 | normal | |
| Feb 2, 2022 | Feb 14, 2022 | Jan 24, 2022 | $0.2 | normal |
| Nov 4, 2021 | Nov 15, 2021 | Oct 25, 2021 | $0.2 | normal |
| Aug 4, 2021 | Aug 16, 2021 | Jul 26, 2021 | $0.2 | normal |
| May 5, 2021 | May 17, 2021 | Apr 26, 2021 | $0.2 | normal |
| Feb 3, 2021 | Feb 15, 2021 | Jan 25, 2021 | $0.19 | normal |
| Nov 4, 2020 | Nov 16, 2020 | Oct 26, 2020 | $0.19 | normal |
| Aug 5, 2020 | Aug 14, 2020 | Jul 27, 2020 | $0.19 | normal |
| May 6, 2020 | May 15, 2020 | Apr 22, 2020 | $0.19 | normal |
| Feb 5, 2020 | Feb 14, 2020 | Jan 22, 2020 | $0.19 | normal |
| Oct 31, 2019 | Nov 15, 2019 | Oct 16, 2019 | $0.18 | normal |
| Jul 31, 2019 | Aug 15, 2019 | Jul 17, 2019 | $0.18 | normal |
| May 1, 2019 | May 16, 2019 | Apr 17, 2019 | $0.18 | normal |
| Jan 31, 2019 | Feb 14, 2019 | Jan 16, 2019 | $0.18 | normal |
| Oct 31, 2018 | Nov 15, 2018 | Oct 22, 2018 | $0.17 | normal |
| Aug 1, 2018 | Aug 16, 2018 | Jul 18, 2018 | $0.17 | normal |
| May 2, 2018 | May 17, 2018 | Apr 18, 2018 | $0.17 | normal |
| Jan 31, 2018 | Feb 15, 2018 | Jan 17, 2018 | $0.17 | normal |
| Nov 1, 2017 | Nov 16, 2017 | Oct 17, 2017 | $0.16 | normal |
| Aug 1, 2017 | Aug 17, 2017 | Jul 19, 2017 | $0.16 | normal |
| May 2, 2017 | May 18, 2017 | Apr 19, 2017 | $0.16 | normal |
| Jan 31, 2017 | Feb 16, 2017 | Jan 18, 2017 | $0.16 | normal |
| Nov 1, 2016 | Nov 17, 2016 | Oct 19, 2016 | $0.15 | normal |
| Aug 2, 2016 | Aug 18, 2016 | Jul 20, 2016 | $0.15 | normal |
NWBI has a payout ratio of 79.2% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.6%, Northwest Bancshares's payout ratio is 159% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NYCB New York Community Bancorp Inc | 7.33% | $0.68 | 54% |
| NWBI Northwest Bancshares Inc | 5.34% | $0.8 | 79.2% |
| PPBI Pacific Premier Bancorp Inc | 3.66% | $1.32 | 42.3% |
Yes, Northwest Bancshares has been paying dividends for the last 26 years.
Currently NWBI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.
Northwest Bancshares's last dividend ex-date was on Nov 2, 2022. The dividend amount was $0.2 per share.
NWBI's annualized dividend per share is $0.8.
The current dividend yield of Northwest Bancshares is 5.34%.
Northwest Bancshares pays dividends quarterly.
The dividend payout ratio of Northwest Bancshares is 79.2%.
Northwest Bancshares's dividend yield is more than the Financial Services sector average.