Northwest Bancshares's most recent quarterly dividend payment of $0.2 per share was made to shareholders on record before Nov 1, 2023. The payout stands at $0.8 per share annually, which works out to a dividend yield of 6.94%.
NWBI has a dividend yield of 6.94% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.39%, Northwest Bancshares's dividend yield is 105% higher. Historically NWBI's dividend yield has averaged at 5.9% in the last 5 years, which is less than the current one.
Northwest Bancshares has been paying dividends for the last 27 years. According to our data NWBI has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone down by 24% from a year ago, the dividend yield has increased by 31%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 1, 2023 | Nov 14, 2023 | Oct 23, 2023 | $0.2 | normal |
Aug 2, 2023 | Aug 14, 2023 | Jul 24, 2023 | $0.2 | normal |
May 3, 2023 | May 15, 2023 | Apr 24, 2023 | $0.2 | normal |
Feb 1, 2023 | Feb 14, 2023 | Jan 23, 2023 | $0.2 | normal |
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 72.1% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 36.5%, Northwest Bancshares's payout ratio is 98% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NWBI Northwest Bancshares Inc | 6.94% | $0.8 | 72.1% |
NYCB New York Community Bancorp Inc | 6.85% | $0.68 | 17% |
Yes, Northwest Bancshares has been paying dividends for the last 27 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 2024.
Northwest Bancshares's last dividend ex-date was on Nov 1, 2023. 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 6.94%.
Northwest Bancshares pays dividends quarterly.
The dividend payout ratio of Northwest Bancshares is 72.1%.
Northwest Bancshares's dividend yield is more than the Financial Services sector average.