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 3.68% based on its recent close price.
WBS has a dividend yield of 3.68% 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 3%, Webster Financial's dividend yield is 23% higher. The historical 5-year average of WBS's dividend yield is 3.7%, 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 up by 4.4% from a year ago, the dividend yield marks a decrease of 4.2%.
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% |
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 43.7%, Webster Financial's payout ratio is 21% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WASH Washington Trust Bancorp Inc | 7.14% | $2.24 | 83.6% |
BRKL Brookline Bancorp Inc | 5.48% | $0.54 | 62.8% |
FNLC First Bancorp Inc | 5.42% | $1.41 | 59% |
CAC Camden National Corp | 4.45% | $1.68 | 56.2% |
INDB Independent Bank Corp | 3.74% | $2.24 | 45.1% |
WBS Webster Financial Corp | 3.68% | $1.6 | 34.7% |
BWFG Bankwell Financial Group Inc | 2.79% | $0.8 | 26.9% |
Yes, Webster Financial has been paying dividends for the last 30 years.
Webster Financial's last regular dividend was on Jul 29, 2024 (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 3.68%.
Webster Financial has a quarterly dividend frequency.
The dividend payout ratio of Webster Financial is 34.7%.
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.