Western New England Bancorp's most recent quarterly dividend of $0.07 per share was on Feb 7, 2023 (ex-date). The annualized payout of $0.25 per share represents a current dividend yield of 2.92%. The latest WNEB distribution of $0.07 marks a dividend growth of 17%.
Western New England Bancorp's dividend yield of 2.92% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.28%, Western New England Bancorp's dividend yield is 11% lower. Historically WNEB's dividend yield has averaged at 2.4% in the last 5 years, which is less than the current one.
Western New England Bancorp has a history of paying dividends since 2002. Our records of WNEB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 19% for the last year. And since the stock price has gone up by 4% from a year ago, the dividend yield has increased by 14%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 7, 2023 | Feb 22, 2023 | Jan 24, 2023 | $0.07 | normal |
| Nov 8, 2022 | Nov 23, 2022 | Oct 25, 2022 | $0.06 | normal |
| Aug 9, 2022 | Aug 24, 2022 | Jul 26, 2022 | $0.06 | normal |
| May 10, 2022 | May 25, 2022 | Apr 26, 2022 | $0.06 | normal |
| Feb 8, 2022 | Feb 23, 2022 | Jan 25, 2022 | $0.06 | normal |
| Nov 9, 2021 | Nov 24, 2021 | Oct 26, 2021 | $0.05 | normal |
| Aug 10, 2021 | Aug 25, 2021 | Jul 27, 2021 | $0.05 | normal |
| May 11, 2021 | May 26, 2021 | Apr 27, 2021 | $0.05 | normal |
| Feb 9, 2021 | Feb 24, 2021 | Jan 26, 2021 | $0.05 | normal |
| Nov 9, 2020 | Nov 25, 2020 | Oct 27, 2020 | $0.05 | normal |
| Aug 11, 2020 | Aug 26, 2020 | Jul 28, 2020 | $0.05 | normal |
| May 12, 2020 | May 27, 2020 | Apr 28, 2020 | $0.05 | normal |
| Feb 11, 2020 | Feb 26, 2020 | Jan 28, 2020 | $0.05 | normal |
| Nov 5, 2019 | Nov 20, 2019 | Oct 22, 2019 | $0.05 | normal |
| Aug 6, 2019 | Aug 21, 2019 | Jul 23, 2019 | $0.05 | normal |
| May 7, 2019 | May 22, 2019 | Apr 23, 2019 | $0.05 | normal |
| Feb 12, 2019 | Feb 27, 2019 | Jan 29, 2019 | $0.05 | normal |
| Nov 6, 2018 | Nov 21, 2018 | Oct 23, 2018 | $0.04 | normal |
| Aug 7, 2018 | Aug 22, 2018 | Jul 24, 2018 | $0.04 | normal |
| May 8, 2018 | May 23, 2018 | Apr 24, 2018 | $0.04 | normal |
| Feb 13, 2018 | Feb 28, 2018 | Jan 30, 2018 | $0.04 | normal |
| Nov 7, 2017 | Nov 22, 2017 | Oct 24, 2017 | $0.03 | normal |
| Aug 7, 2017 | Aug 23, 2017 | Jul 26, 2017 | $0.03 | normal |
| May 8, 2017 | May 24, 2017 | Apr 26, 2017 | $0.03 | normal |
| Feb 14, 2017 | Mar 2, 2017 | Feb 2, 2017 | $0.03 | normal |
| Nov 7, 2016 | Nov 23, 2016 | Oct 26, 2016 | $0.03 | normal |
| Aug 8, 2016 | Aug 24, 2016 | Jul 27, 2016 | $0.03 | normal |
Western New England Bancorp's payout ratio of 21.2% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.7%, Western New England Bancorp's payout ratio is 31% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NBTB Nbt Bancorp Inc | 3.39% | $1.18 | 33.3% |
| WNEB Western New England Bancorp Inc | 2.92% | $0.25 | 21.2% |
| NBHC National Bank Holdings Corp | 2.8% | $0.96 | 43.6% |
Yes, Western New England Bancorp has been paying dividends for the last 21 years.
Currently WNEB's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2023.
Western New England Bancorp's last dividend ex-date was on Feb 7, 2023. The dividend amount was $0.07 per share.
On an annual basis WNEB pays $0.25 per share.
Western New England Bancorp's current dividend yield is 2.92%.
Western New England Bancorp pays dividends quarterly.
Western New England Bancorp's dividend payout ratio is 21.2%.
Western New England Bancorp's dividend yield is less than the Financial Services sector average.