WBS Webster Financial dividend history, payout ratio & dates
Webster Financial's last dividend was on Jul 29, 2024 (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 3.08% based on its recent close price.
Key dates
- WBS last dividend date: Jul 29, 2024
WBS dividend stats
vs. Financial Services sector
Dividend yield
WBS has a dividend yield of 3.08% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 2.78%, Webster Financial's dividend yield is 11% higher. The historical 5-year average of WBS's dividend yield is 3.7%, which is higher than the current one.
Dividend history
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 up by 41% from a year ago, the dividend yield marks a decrease of 29%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 29, 2024 | $0.4 | 3.31% |
| May 3, 2024 | $0.4 | 3.56% |
| Feb 2, 2024 | $0.4 | 3.36% |
| Nov 2, 2023 | $0.4 | 4.04% |
| Aug 1, 2023 | $0.4 | 3.49% |
| May 5, 2023 | $0.4 | 4.71% |
| Feb 3, 2023 | $0.4 | 2.9% |
| Nov 3, 2022 | $0.4 | 3.06% |
| Aug 1, 2022 | $0.4 | 3.46% |
| May 11, 2022 | $0.4 | 3.5% |
| Jan 27, 2022 | $0.4 | 2.74% |
| Nov 8, 2021 | $0.4 | 2.74% |
| Aug 2, 2021 | $0.4 | 3.37% |
| May 4, 2021 | $0.4 | 2.93% |
| Feb 8, 2021 | $0.4 | 3.17% |
| Nov 9, 2020 | $0.4 | 4.21% |
| Aug 4, 2020 | $0.4 | 5.98% |
| May 5, 2020 | $0.4 | 6.37% |
| Feb 10, 2020 | $0.4 | 3.43% |
| Nov 8, 2019 | $0.4 | 3.15% |
| Aug 2, 2019 | $0.4 | 3.02% |
| May 3, 2019 | $0.4 | 2.59% |
| Feb 11, 2019 | $0.33 | 2.43% |
| Nov 5, 2018 | $0.33 | 2.11% |
| Aug 3, 2018 | $0.33 | 1.79% |
| May 4, 2018 | $0.33 | 1.8% |
| Feb 12, 2018 | $0.26 | 1.94% |
| Nov 6, 2017 | $0.26 | 1.89% |
| Aug 3, 2017 | $0.26 | 2.02% |
| May 4, 2017 | $0.26 | 1.92% |
| Feb 10, 2017 | $0.25 | 1.9% |
| Nov 4, 2016 | $0.25 | 2.46% |
| Aug 4, 2016 | $0.25 | 2.67% |
| May 5, 2016 | $0.25 | 2.72% |
| Feb 5, 2016 | $0.23 | 2.78% |
| Nov 6, 2015 | $0.23 | 2.25% |
| Aug 6, 2015 | $0.23 | 2.23% |
| Apr 30, 2015 | $0.23 | 2.32% |
| Feb 6, 2015 | $0.2 | 2.41% |
Webster Financial dividend payout ratio
Payout ratio
WBS has a payout ratio of 34.7% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.2%, Webster Financial's payout ratio is 20% lower.
Total amount of dividends paid per financial year (from cash flow)
WBS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.29% | $2.24 | 83.6% |
| FNLC First Bancorp Inc | 5.38% | $1.42 | 59.4% |
| BRKL Brookline Bancorp Inc | 4.71% | $0.54 | 62.8% |
| CAC Camden National Corp | 3.91% | $1.68 | 56.2% |
| INDB Independent Bank Corp | 3.52% | $2.26 | 45.5% |
| WBS Webster Financial Corp | 3.03% | $1.6 | 34.7% |
| BWFG Bankwell Financial Group Inc | 2.79% | $0.8 | 26.9% |
Frequently asked questions
Does Webster Financial pay a dividend?
Yes, Webster Financial has been paying dividends for the last 30 years.
When was WBS's last dividend?
Webster Financial's last regular dividend was on Jul 29, 2024 (ex-date) with the amount of $0.4 per share.
How much dividend does Webster Financial pay (per share)?
WBS's annualized dividend per share is $1.6.
What is Webster Financial's dividend yield?
The current dividend yield of Webster Financial is 3.08%.
How often does Webster Financial pay dividends?
Webster Financial has a quarterly dividend frequency.
What is Webster Financial's dividend payout ratio?
The dividend payout ratio of Webster Financial is 34.7%.
Does Webster Financial pay a good dividend?
Webster Financial's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.