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WNEB Western New England Bancorp dividend history, payout ratio & dates

Western New England Bancorp's most recent quarterly dividend of $0.06 per share was on Nov 8, 2022 (ex-date). The annualized payout of $0.24 per share represents a current dividend yield of 2.44%.

Key dates

  • WNEB last dividend date: Nov 8, 2022
  • WNEB next dividend date: Not announced
WNEB dividend stats
DPS
$0.24
Dividend yield
2.44%
Payout ratio
22.9%
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is Western New England Bancorp current dividend yield

Western New England Bancorp's dividend yield of 2.44% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.68%, Western New England Bancorp's dividend yield is 9% lower. Historically WNEB's dividend yield has averaged at 2.3% in the last 5 years, which is in line with the current one.

Dividend history

What is WNEB dividend payout history and dates

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 20% for the last year. And since the stock price has gone up by 7% from a year ago, the dividend yield has increased by 12%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Western New England Bancorp dividend payout ratio compared to the sector

Payout ratio

Western New England Bancorp's payout ratio of 22.9% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.6%, Western New England Bancorp's payout ratio is 25% lower.

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

WNEB dividend vs peer dividends

How does WNEB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 2.46% $1.14 32%
WNEB Western New England Bancorp Inc 2.44% $0.24 22.9%
NBHC National Bank Holdings Corp 2.05% $0.94 37%

Frequently asked questions

Does Western New England Bancorp pay a dividend?

Yes, Western New England Bancorp has been paying dividends for the last 20 years.

When is Western New England Bancorp's next dividend?

Currently WNEB'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 WNEB's last dividend?

Western New England Bancorp's last dividend ex-date was on Nov 8, 2022. The dividend amount was $0.06 per share.

How much dividend does Western New England Bancorp pay (per share)?

On an annual basis WNEB pays $0.24 per share.

What is Western New England Bancorp's dividend yield?

Western New England Bancorp's current dividend yield is 2.44%.

How often does Western New England Bancorp pay dividends?

Western New England Bancorp pays dividends quarterly.

What is Western New England Bancorp's dividend payout ratio?

Western New England Bancorp's dividend payout ratio is 22.9%.

Does Western New England Bancorp pay a good dividend?

Western New England Bancorp's dividend yield is less than the Financial Services sector average.