WesBanco, Inc. declared a 2.7% increase in its quarterly cash dividend to $0.38 per common share.
This marks the nineteenth increase in the quarterly dividend since 2010, reflecting a cumulative increase of 171%.
The higher dividend rate will be payable on January 2, 2026, to shareholders of record on December 5, 2025.
Dividend Increase
Quarterly dividend raised to $0.38 per common share, demonstrating WesBanco's commitment to rewarding shareholders.
Consistent Growth
Nineteenth consecutive quarterly dividend increase since 2010, reflecting sustained growth and financial stability.
Yield and Value
The new dividend equates to a yield of approximately 5%, providing value to investors based on the closing stock price of $30.28.
- The decision to increase the dividend underscores WesBanco's strong capital position and financial performance.
- Shareholders can benefit from the higher annualized cash dividend rate of $1.52 per common share, enhancing returns on their investment.
WesBanco's dividend increase highlights its continued commitment to shareholder value and financial growth. The company's strong capital position and consistent performance reinforce its position as a reliable investment choice.