WesBanco, Inc. (NASDAQ:WSBC) will begin trading ex-dividend on September 10, 2020. The quarterly dividend payment of $ 0.32 per share is scheduled to be paid on October 1, 2020. The dividend yield based on the latest trading day closing price was 5.63 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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WesBanco, Inc. recently reported second quarter financial results on July 22, 2020, after market close, banking products and services provider reported income for the second quarter of $ 0.07 per share, from the revenue of $ 119.01 million. The quarterly earnings lowered 91.03 percent while revenues enlarged 19.21 percent compared with the same quarter last year.
Street analysts expected WesBanco, Inc. recently reported second quarter financial results on July 22, 2020, after market close, banking products and services provider to report income of $ 0.33 per share on revenue of $ 116.96 million for the second quarter. 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 low $ -0.57 or -2.45 percent on Tuesday, reaching $ 22.72 with volume of 276.60 thousand shares. WesBanco, Inc. has traded high as $ 23.26 and has cracked $ 22.34 on the downward trend
According to the previous trading day, closing price of $ 22.72, representing a 33.39 % increase from the 52 week low of $ 17.46 and a 40.78 % decrease over the 52 week high of $ 39.33.
The company has a market capital of $ 1.51 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.
