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NWBI Northwest Bancshares dividend history, payout ratio & dates

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%.

Key dates

  • NWBI last dividend date: Nov 2, 2022
  • NWBI next dividend date: Not announced
NWBI dividend stats
DPS
$0.8
Dividend yield
5.34%
Payout ratio
79.2%
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is Northwest Bancshares current dividend yield

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.

Dividend history

What is NWBI dividend payout history and dates

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%.

Recent dividends

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

Northwest Bancshares dividend payout ratio

What is Northwest Bancshares dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

NWBI dividend vs peer dividends

How does NWBI dividend compare to its peers' dividends
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%

Frequently asked questions

Does Northwest Bancshares pay a dividend?

Yes, Northwest Bancshares has been paying dividends for the last 26 years.

When is Northwest Bancshares's next dividend?

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.

When was NWBI's last dividend?

Northwest Bancshares's last dividend ex-date was on Nov 2, 2022. 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 5.34%.

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 79.2%.

Does Northwest Bancshares pay a good dividend?

Northwest Bancshares's dividend yield is more than the Financial Services sector average.