Webster Financial's last quarterly dividend was on Nov 2, 2023 (ex-date) with a distribution of $0.4 per share. On an annualized basis, the company has a current payout of $1.6 per share. This brings the dividend yield to 3.43% based on its recent close price.
WBS has a dividend yield of 3.43% which is higher than the Financial Services sector average but lower than the industry and its peers average. But in comparison with the Financial Services sector average of 3.38%, Webster Financial's dividend yield is only 1.5% higher. The historical 5-year average of WBS's dividend yield is 3.6%, which is in line with the current one.
Webster Financial has been paying dividends since 1994. WBS has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price down by 6% from a year ago, the dividend yield has grown by 7%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 2, 2023 | Nov 13, 2023 | Oct 24, 2023 | $0.4 | normal |
Aug 1, 2023 | Aug 16, 2023 | Jul 19, 2023 | $0.4 | normal |
May 5, 2023 | May 22, 2023 | Apr 26, 2023 | $0.4 | normal |
Feb 3, 2023 | Feb 17, 2023 | Jan 25, 2023 | $0.4 | normal |
Nov 3, 2022 | Nov 14, 2022 | Oct 25, 2022 | $0.4 | normal |
Aug 1, 2022 | Aug 17, 2022 | Jul 18, 2022 | $0.4 | normal |
May 11, 2022 | May 27, 2022 | $0.4 | normal | |
Jan 27, 2022 | Feb 11, 2022 | Jan 18, 2022 | $0.4 | normal |
Nov 8, 2021 | Nov 23, 2021 | Oct 26, 2021 | $0.4 | normal |
Aug 2, 2021 | Aug 17, 2021 | Jul 19, 2021 | $0.4 | normal |
May 4, 2021 | May 19, 2021 | Apr 21, 2021 | $0.4 | normal |
Feb 8, 2021 | Feb 23, 2021 | Jan 26, 2021 | $0.4 | normal |
Nov 9, 2020 | Nov 24, 2020 | Oct 27, 2020 | $0.4 | normal |
Aug 4, 2020 | Aug 19, 2020 | Jul 21, 2020 | $0.4 | normal |
May 5, 2020 | May 20, 2020 | Apr 21, 2020 | $0.4 | normal |
Feb 10, 2020 | Feb 25, 2020 | Jan 28, 2020 | $0.4 | normal |
Nov 8, 2019 | Nov 26, 2019 | Oct 29, 2019 | $0.4 | normal |
Aug 2, 2019 | Aug 19, 2019 | Jul 22, 2019 | $0.4 | normal |
May 3, 2019 | May 20, 2019 | Apr 22, 2019 | $0.4 | normal |
Feb 11, 2019 | Feb 26, 2019 | Jan 29, 2019 | $0.33 | normal |
Nov 5, 2018 | Nov 20, 2018 | Oct 23, 2018 | $0.33 | normal |
Aug 3, 2018 | Aug 20, 2018 | Jul 23, 2018 | $0.33 | normal |
May 4, 2018 | May 21, 2018 | Apr 23, 2018 | $0.33 | normal |
Feb 12, 2018 | Feb 27, 2018 | Jan 30, 2018 | $0.26 | normal |
Nov 6, 2017 | Nov 21, 2017 | Oct 24, 2017 | $0.26 | normal |
Aug 3, 2017 | Aug 21, 2017 | Jul 24, 2017 | $0.26 | normal |
May 4, 2017 | May 22, 2017 | Apr 24, 2017 | $0.26 | normal |
Feb 10, 2017 | Feb 28, 2017 | Jan 31, 2017 | $0.25 | normal |
Nov 4, 2016 | Nov 22, 2016 | Oct 25, 2016 | $0.25 | normal |
Aug 4, 2016 | Aug 22, 2016 | Jul 25, 2016 | $0.25 | normal |
May 5, 2016 | May 23, 2016 | Apr 25, 2016 | $0.25 | normal |
WBS has a payout ratio of 30.5% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 36.5%, Webster Financial's payout ratio is 16% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WASH Washington Trust Bancorp Inc | 7.83% | $2.24 | 74.2% |
BRKL Brookline Bancorp Inc | 5.37% | $0.54 | 55.1% |
FNLC First Bancorp Inc | 5.29% | $1.38 | 47.4% |
CAC Camden National Corp | 4.73% | $1.68 | 48.8% |
INDB Independent Bank Corp | 3.68% | $2.2 | 37.7% |
WBS Webster Financial Corp | 3.43% | $1.6 | 30.5% |
BWFG Bankwell Financial Group Inc | 2.89% | $0.8 | 17.2% |
Yes, Webster Financial has been paying dividends for the last 29 years.
WBS hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in February 2024.
Webster Financial's last regular dividend was on Nov 2, 2023 (ex-date) with the amount of $0.4 per share.
WBS's annualized dividend per share is $1.6.
The current dividend yield of Webster Financial is 3.43%.
Webster Financial has a quarterly dividend frequency.
The dividend payout ratio of Webster Financial is 30.5%.
Webster Financial's dividend yield is in line with the Financial Services sector average.