Western New England Bancorp's most recent quarterly dividend of $0.07 per share was on May 7, 2024 (ex-date). The annualized payout of $0.28 per share represents a current dividend yield of 3.31%.
Western New England Bancorp's dividend yield of 3.31% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.83%, Western New England Bancorp's dividend yield is 17% higher. Historically WNEB's dividend yield has averaged at 3.0% 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 8% for the last year. But since the stock price has gone up by 30% from a year ago, the dividend yield has decreased by 17%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 7, 2024 | May 22, 2024 | Apr 23, 2024 | $0.07 | normal |
Feb 6, 2024 | Feb 21, 2024 | Jan 23, 2024 | $0.07 | normal |
Nov 7, 2023 | Nov 22, 2023 | Oct 24, 2023 | $0.07 | normal |
Aug 8, 2023 | Aug 23, 2023 | Jul 25, 2023 | $0.07 | normal |
May 9, 2023 | May 24, 2023 | Apr 25, 2023 | $0.07 | normal |
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 46.7% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 41.2%, Western New England Bancorp's payout ratio is 13% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NKSH National Bankshares Inc | 4.75% | $1.51 | 66.8% |
NRIM Northrim Bancorp Inc | 3.39% | $2.42 | 46.8% |
WNEB Western New England Bancorp Inc | 3.31% | $0.28 | 46.7% |
NIC Nicolet Bankshares Inc. | 0.99% | $1.03 | 15.5% |
Yes, Western New England Bancorp has been paying dividends for the last 22 years.
WNEB's next dividend is scheduled on Aug 7, 2024 (ex-date).
Western New England Bancorp's last dividend ex-date was on May 7, 2024. The dividend amount was $0.07 per share.
On an annual basis WNEB pays $0.28 per share.
Western New England Bancorp's current dividend yield is 3.31%.
Western New England Bancorp pays dividends quarterly.
Western New England Bancorp's dividend payout ratio is 46.7%.
Western New England Bancorp's dividend yield is more than the Financial Services sector average.