NWBI Northwest Bancshares dividend history, payout ratio & dates
Northwest Bancshares's most recent dividend payment of $0.2 per share was made to shareholders on record before Aug 2, 2024. The payout stands at $0.8 per share annually, which works out to a dividend yield of 5.94%.
Key dates
- NWBI last dividend date: Aug 2, 2024
NWBI dividend stats
vs. Financial Services sector
Dividend yield
NWBI has a dividend yield of 5.94% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.78%, Northwest Bancshares's dividend yield is 114% higher. Historically NWBI's dividend yield has averaged at 6.3% in the last 5 years, which is more than the current one.
Dividend history
Northwest Bancshares has been paying dividends for the last 28 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 up by 29% from a year ago, the dividend yield has decreased by 23%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 2, 2024 | $0.2 | 6.08% |
| May 1, 2024 | $0.2 | 7.5% |
| Feb 1, 2024 | $0.2 | 6.61% |
| Nov 1, 2023 | $0.2 | 7.8% |
| Aug 2, 2023 | $0.2 | 6.72% |
| May 3, 2023 | $0.2 | 7.53% |
| Feb 1, 2023 | $0.2 | 5.66% |
| Nov 2, 2022 | $0.2 | 5.45% |
| Aug 3, 2022 | $0.2 | 5.7% |
| May 4, 2022 | $0.2 | 6.3% |
| Feb 2, 2022 | $0.2 | 5.8% |
| Nov 4, 2021 | $0.2 | 5.69% |
| Aug 4, 2021 | $0.2 | 6.06% |
| May 5, 2021 | $0.2 | 5.48% |
| Feb 3, 2021 | $0.19 | 5.82% |
| Nov 4, 2020 | $0.19 | 7.44% |
| Aug 5, 2020 | $0.19 | 7.52% |
| May 6, 2020 | $0.19 | 7.39% |
| Feb 5, 2020 | $0.19 | 4.64% |
| Oct 31, 2019 | $0.18 | 4.27% |
| Jul 31, 2019 | $0.18 | 4.14% |
| May 1, 2019 | $0.18 | 4.09% |
| Jan 31, 2019 | $0.18 | 3.91% |
| Oct 31, 2018 | $0.17 | 4.21% |
| Aug 1, 2018 | $0.17 | 3.71% |
| May 2, 2018 | $0.17 | 3.98% |
| Jan 31, 2018 | $0.17 | 3.86% |
| Nov 1, 2017 | $0.16 | 3.86% |
| Aug 1, 2017 | $0.16 | 3.93% |
| May 2, 2017 | $0.16 | 3.89% |
| Jan 31, 2017 | $0.16 | 3.57% |
| Nov 1, 2016 | $0.15 | 3.87% |
| Aug 2, 2016 | $0.15 | 4.02% |
| Apr 28, 2016 | $0.15 | 4.27% |
| Feb 2, 2016 | $0.15 | 4.73% |
| Nov 3, 2015 | $0.14 | 4.19% |
| Jul 28, 2015 | $0.14 | 4.38% |
| Apr 28, 2015 | $0.14 | 4.33% |
| Feb 3, 2015 | $0.14 | 4.47% |
Northwest Bancshares dividend payout ratio
Payout ratio
NWBI has a payout ratio of 98.8% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 43.2%, Northwest Bancshares's payout ratio is 129% higher.
Total amount of dividends paid per financial year (from cash flow)
NWBI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWBI Northwest Bancshares Inc | 5.9% | $0.8 | 98.8% |
| NYCB New York Community Bancorp Inc | 1.83% | $0.19 | N/A |
Frequently asked questions
Does Northwest Bancshares pay a dividend?
Yes, Northwest Bancshares has been paying dividends for the last 28 years.
When was NWBI's last dividend?
Northwest Bancshares's last dividend ex-date was on Aug 2, 2024. The dividend amount was $0.2 per share.
How much dividend does Northwest Bancshares pay (per share)?
NWBI's annualized dividend per share is $0.8.
What is Northwest Bancshares's dividend yield?
The current dividend yield of Northwest Bancshares is 5.94%.
How often does Northwest Bancshares pay dividends?
Northwest Bancshares pays dividends quarterly.
What is Northwest Bancshares's dividend payout ratio?
The dividend payout ratio of Northwest Bancshares is 98.8%.
Does Northwest Bancshares pay a good dividend?
Northwest Bancshares's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.