Wesbanco's most recent quarterly dividend of $0.36 per share was on Mar 7, 2024 (ex-date). The annualized payout of $1.42 per share represents a current dividend yield of 5.19%.
Wesbanco's dividend yield of 5.19% is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.56%, Wesbanco's dividend yield is 46% higher. The historical 5-year average of WSBC's dividend yield is 4.4%, which is lower than the current one.
Wesbanco has a history of paying dividends since 1995. Our records of WSBC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2.9% for the last year. And since the stock price has gone down by 8% from a year ago, the dividend yield has increased by 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 7, 2024 | Apr 1, 2024 | Feb 21, 2024 | $0.36 | normal |
| Dec 7, 2023 | Jan 2, 2024 | Nov 15, 2023 | $0.36 | normal |
| Sep 7, 2023 | Oct 2, 2023 | Aug 24, 2023 | $0.35 | normal |
| Jun 8, 2023 | Jul 1, 2023 | May 24, 2023 | $0.35 | normal |
| Mar 9, 2023 | Apr 1, 2023 | Feb 23, 2023 | $0.35 | normal |
| Dec 8, 2022 | Jan 3, 2023 | Nov 16, 2022 | $0.35 | normal |
| Sep 8, 2022 | Oct 1, 2022 | Aug 25, 2022 | $0.34 | normal |
| Jun 9, 2022 | Jul 1, 2022 | May 18, 2022 | $0.34 | normal |
| Mar 10, 2022 | Apr 1, 2022 | Feb 24, 2022 | $0.34 | normal |
| Dec 9, 2021 | Jan 3, 2022 | Nov 17, 2021 | $0.33 | normal |
| Sep 9, 2021 | Oct 1, 2021 | Aug 26, 2021 | $0.33 | normal |
| Jun 10, 2021 | Jul 1, 2021 | May 19, 2021 | $0.33 | normal |
| Mar 11, 2021 | Apr 1, 2021 | Feb 25, 2021 | $0.33 | normal |
| Dec 10, 2020 | Jan 2, 2021 | Nov 18, 2020 | $0.32 | normal |
| Sep 10, 2020 | Oct 1, 2020 | Aug 27, 2020 | $0.32 | normal |
| Jun 11, 2020 | Jul 1, 2020 | May 20, 2020 | $0.32 | normal |
| Mar 12, 2020 | Apr 1, 2020 | Feb 27, 2020 | $0.32 | normal |
| Dec 12, 2019 | Jan 2, 2020 | Nov 20, 2019 | $0.31 | normal |
| Sep 6, 2019 | Oct 1, 2019 | Aug 22, 2019 | $0.31 | normal |
| Jun 6, 2019 | Jul 1, 2019 | May 15, 2019 | $0.31 | normal |
| Mar 14, 2019 | Apr 1, 2019 | Feb 28, 2019 | $0.31 | normal |
| Dec 13, 2018 | Jan 2, 2019 | Nov 28, 2018 | $0.29 | normal |
| Sep 6, 2018 | Oct 1, 2018 | Aug 23, 2018 | $0.29 | normal |
| Jun 7, 2018 | Jul 2, 2018 | May 16, 2018 | $0.29 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Feb 22, 2018 | $0.29 | normal |
| Dec 7, 2017 | Jan 2, 2018 | Nov 15, 2017 | $0.26 | normal |
| Sep 7, 2017 | Oct 2, 2017 | Aug 24, 2017 | $0.26 | normal |
| Jun 7, 2017 | Jul 1, 2017 | May 17, 2017 | $0.26 | normal |
| Mar 8, 2017 | Apr 1, 2017 | Feb 23, 2017 | $0.26 | normal |
| Dec 7, 2016 | Jan 2, 2017 | Nov 16, 2016 | $0.24 | normal |
| Sep 12, 2016 | Oct 1, 2016 | Aug 25, 2016 | $0.24 | normal |
| Jun 8, 2016 | Jul 1, 2016 | May 18, 2016 | $0.24 | normal |
Wesbanco's payout ratio of 56.6% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 39.4%, Wesbanco's payout ratio is 44% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 5.68% | $0.82 | 92.1% |
| WSBC Wesbanco Inc | 5.19% | $1.42 | 56.6% |
| HBAN Huntington Bancshares Inc | 4.71% | $0.62 | 49.2% |
| FFBC First Financial Bancorp | 4.41% | $0.92 | 33.8% |
| PNC Pnc Financial Services Group Inc | 4.21% | $6.2 | 48.4% |
| FNB Fnb Corp | 3.75% | $0.48 | 36.4% |
| CFR Cullen/Frost Bankers Inc | 3.38% | $3.63 | 39.8% |
| JPM Jpmorgan Chase & Co | 2.36% | $4.25 | 26.2% |
| WFC Wells Fargo & Company | 2.36% | $1.35 | 27.7% |
Yes, Wesbanco has been paying dividends for the last 29 years.
WSBC hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Wesbanco's last regular dividend was on Mar 7, 2024 (ex-date) with the amount of $0.36 per share.
On an annual basis WSBC pays $1.42 per share.
The current dividend yield of Wesbanco is 5.19%.
Wesbanco has a quarterly dividend frequency.
Wesbanco's dividend payout ratio is 56.6%.
Wesbanco's dividend yield is higher than the Financial Services sector average.