WesBanco, Inc. (NASDAQ:WSBC) Board Authorize Quarterly Dividend

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WesBanco, Inc. (NASDAQ:WSBC) declared quarterly dividend of $ 0.32 per share, or $ 1.28 annualized.

The dividend will be payable on October 1, 2020, to stockholders of record on September 11, 2020, with an ex-dividend date of September 10, 2020.

Dividends History
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Click Here For More Historical Dividends Of WesBanco, Inc.

Recent Earnings Announcement

WesBanco, Inc. posted income for the second quarter of $ 0.07 per share, from the revenue of $ 119.01 million. The quarterly earnings reduced 91.03 percent while revenues hiked 19.21 percent compared with the same quarter last year.
According to street consensus, WSBC was expected to report 2Q20 income of $ 0.33 per share from revenue of $ 116.96 million. The bottom line results missed street analysts by $ 0.26 or 78.79 percent, at the same time, top line results outshined analysts by $ 2.05 million or 1.75 percent.

Stock Performance

Shares of WesBanco, Inc. traded up $ 0.41 or 1.80 percent on Thursday, reaching $ 23.13 with volume of 246.70 thousand shares. WesBanco, Inc. has traded high as $ 23.46 and has cracked $ 22.67 on the downward trend

The closing price of $ 23.13, representing a 30.13 % increase from the 52 week low of $ 17.46 and a 42.23 % decrease over the 52 week high of $ 39.33.

The company has a market capital of $ 1.55 billion and is part of the Financial Services sector and Banks – Regional – US industry.

WesBanco, Inc. operates as the holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services in the United States.