WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand deposits, as well as savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower's home; home equity lines of credit; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and commercial, mortgage, and individual installment loans. In addition, the company offers trust and investment services, as well as various investment products comprising mutual funds and annuities; and securities brokerage services. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of December 31, 2021, it operated 206 branches and 203 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland, as well as seven loan production offices in West Virginia, Ohio, western Pennsylvania, Maryland, and northern Virginia. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
WesBanco Dividend Announcement
• WesBanco announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-06
• WesBanco annual dividend for 2024 was $1.45
• WesBanco annual dividend for 2023 was $1.41
• WesBanco's trailing twelve-month (TTM) dividend yield is 4.09%
• WesBanco's payout ratio for the trailing twelve months (TTM) is 68.89%
• WesBanco's dividend growth over the last five years (2018-2023) was 3.98% year
• WesBanco's dividend growth over the last ten years (2013-2023) was 6.10% year
WesBanco Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-06 | $0.37 | quarterly | 2025-01-02 |
| 2024-09-06 | $0.36 | quarterly | 2024-10-01 |
| 2024-06-07 | $0.36 | quarterly | 2024-07-01 |
| 2024-03-07 | $0.36 | quarterly | 2024-04-01 |
| 2023-12-07 | $0.36 | quarterly | 2024-01-02 |
| 2023-09-07 | $0.35 | quarterly | 2023-10-02 |
| 2023-06-08 | $0.35 | quarterly | 2023-07-01 |
| 2023-03-09 | $0.35 | quarterly | 2023-04-01 |
| 2022-12-08 | $0.35 | quarterly | 2023-01-03 |
| 2022-09-08 | $0.34 | quarterly | 2022-10-01 |
| 2022-06-09 | $0.34 | quarterly | 2022-07-01 |
| 2022-03-10 | $0.34 | quarterly | 2022-04-01 |
| 2021-12-09 | $0.33 | quarterly | 2022-01-03 |
| 2021-09-09 | $0.33 | quarterly | 2021-10-01 |
| 2021-06-10 | $0.33 | quarterly | 2021-07-01 |
| 2021-03-11 | $0.33 | quarterly | 2021-04-01 |
| 2020-12-10 | $0.32 | quarterly | 2021-01-02 |
| 2020-09-10 | $0.32 | quarterly | 2020-10-01 |
| 2020-06-11 | $0.32 | quarterly | 2020-07-01 |
| 2020-03-12 | $0.32 | quarterly | 2020-04-01 |
| 2019-12-12 | $0.31 | quarterly | 2020-01-02 |
| 2019-09-06 | $0.31 | quarterly | 2019-10-01 |
| 2019-06-06 | $0.31 | quarterly | 2019-07-01 |
| 2019-03-14 | $0.31 | quarterly | 2019-04-01 |
| 2018-12-13 | $0.29 | quarterly | 2019-01-02 |
| 2018-09-06 | $0.29 | quarterly | 2018-10-01 |
| 2018-06-07 | $0.29 | quarterly | 2018-07-02 |
| 2018-03-08 | $0.29 | quarterly | 2018-04-02 |
| 2017-12-07 | $0.26 | quarterly | 2018-01-02 |
| 2017-09-07 | $0.26 | quarterly | 2017-10-02 |
| 2017-06-07 | $0.26 | quarterly | 2017-07-01 |
| 2017-03-08 | $0.26 | quarterly | 2017-04-01 |
| 2016-12-07 | $0.24 | quarterly | 2017-01-02 |
| 2016-09-12 | $0.24 | quarterly | 2016-10-01 |
| 2016-06-08 | $0.24 | quarterly | 2016-07-01 |
| 2016-03-09 | $0.24 | quarterly | 2016-04-01 |
| 2015-12-09 | $0.23 | quarterly | 2016-01-04 |
| 2015-09-09 | $0.23 | quarterly | 2015-10-01 |
| 2015-06-10 | $0.23 | quarterly | 2015-07-01 |
| 2015-03-11 | $0.23 | quarterly | 2015-04-01 |
| 2014-12-10 | $0.22 | quarterly | 2015-01-02 |
| 2014-09-10 | $0.22 | quarterly | 2014-10-01 |
| 2014-06-11 | $0.22 | quarterly | 2014-07-01 |
| 2014-03-12 | $0.22 | quarterly | 2014-04-01 |
| 2013-12-11 | $0.20 | quarterly | 2014-01-02 |
| 2013-09-11 | $0.20 | quarterly | 2013-10-01 |
| 2013-06-12 | $0.19 | quarterly | 2013-07-01 |
| 2013-03-13 | $0.19 | quarterly | 2013-04-01 |
WesBanco Dividend per year
WesBanco Dividend growth
WesBanco Dividend Yield
WesBanco current trailing twelve-month (TTM) dividend yield is 4.09%. Interested in purchasing WesBanco stock? Use our calculator to estimate your expected dividend yield:
WesBanco Financial Ratios
P/E ratio16.70
PEG ratio-0.78
P/B ratio0.82
ROE5.25%
Payout ratio68.89%
Current ratio0.47
Quick ratio0.47
Cash Ratio0.10
WesBanco Dividend FAQ
How much is the next WesBanco dividend?
WesBanco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next WesBanco dividend. The next WesBanco dividend will be released in March, June, September, or December.
When is WesBanco dividend paid?
WesBanco pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does WesBanco pay?
The specific amount of WesBanco dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WesBanco's dividend history.
Does WesBanco stock pay dividends?
Yes, WesBanco does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WesBanco's dividend history.
How much dividend does WesBanco pay?
WesBanco paid $1.45 in 2024, $1.41 in 2023, $1.37 in 2022, $1.32 in 2021, and $1.28 in 2020.
How often does WesBanco pay dividends?
WesBanco typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is WesBanco's dividend yield?
The current dividend yield for WesBanco is 4.09%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate WesBanco's exact dividend yield.
When does WesBanco go ex dividend?
WesBanco's ex-dividend date for the latest dividend was on 2024-12-06. WesBanco typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next WesBanco dividend paid?
WesBanco pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will WesBanco increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether WesBanco will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is WesBanco dividend per share?
WesBanco paid $1.45 per share in 2024 and $1.41 per share in 2023. The amount of dividend per share that WesBanco pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is WesBanco a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is WesBanco a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is WesBanco a dividend stock?
Yes, WesBanco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is WesBanco a good dividend stock?
Whether WesBanco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. WesBanco has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating WesBanco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating WesBanco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does WesBanco pay dividends monthly?
WesBanco typically pays dividends on a quarterly basis.
Does WesBanco pay dividends quarterly?
WesBanco currently pays dividends on a quarterly basis.
Has WesBanco ever paid a dividend?
Yes, WesBanco has a history of paying dividends to its shareholders. WesBanco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy WesBanco dividend stocks?
To buy WesBanco you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy WesBanco stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy WesBanco stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does WesBanco pay dividends 2024?
WesBanco pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will WesBanco increase its dividend in 2024?
Decisions regarding WesBanco dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date WesBanco dividend overview you can look into the above table of dividend history.
How WesBanco dividend works?
The WesBanco dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how WesBanco's dividend process works:
1. Determination of Dividend: WesBanco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, WesBanco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, WesBanco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from WesBanco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: WesBanco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, WesBanco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, WesBanco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from WesBanco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are WesBanco dividends paid?
WesBanco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: WesBanco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, WesBanco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WesBanco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: WesBanco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, WesBanco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WesBanco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does WesBanco pay dividends?
WesBanco typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does WesBanco pay dividends?
The general pattern is that WesBanco pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is WesBanco dividend safe?
The safety of WesBanco's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of WesBanco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review WesBanco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of WesBanco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review WesBanco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.