Northwest Bancshares Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures

Loading...
Loading...

At the end of August 14, 2023, Northwest Bancshares NWBI will reward its shareholders with a dividend payout of $0.20 per share, demonstrating an annualized dividend yield of 6.83%. Remember, only investors who held the stock before the ex-dividend date on August 02, 2023 will receive this payout.

Northwest Bancshares Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-02 4 $0.2 6.83% 2023-07-24 2023-08-03 2023-08-14
2023-05-03 4 $0.2 6.98% 2023-04-24 2023-05-04 2023-05-15
2023-02-01 4 $0.2 5.79% 2023-01-23 2023-02-02 2023-02-14
2022-11-02 4 $0.2 5.79% 2022-10-24 2022-11-03 2022-11-14
2022-08-03 4 $0.2 6.12% 2022-07-25 2022-08-04 2022-08-15
2022-05-04 4 $0.2 6.03% 2022-04-25 2022-05-05 2022-05-16
2022-02-02 4 $0.2 5.6% 2022-01-24 2022-02-03 2022-02-14
2021-11-04 4 $0.2 5.68% 2021-10-25 2021-11-05 2021-11-15
2021-08-04 4 $0.2 5.94% 2021-07-26 2021-08-05 2021-08-16
2021-05-05 4 $0.2 5.66% 2021-04-26 2021-05-06 2021-05-17
2021-02-03 4 $0.19 5.48% 2021-01-25 2021-02-04 2021-02-15
2020-11-04 4 $0.19 7.19% 2020-10-26 2020-11-05 2020-11-16

Northwest Bancshares is the leader in terms of dividend yield compared to its industry peers, with Hope Bancorp HOPE having the highest annualized dividend yield at 5.40%.

Analyzing Northwest Bancshares Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.72 in 2019 to $0.80 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For Northwest Bancshares

Investors can observe a decrease in Northwest Bancshares's earnings per share from $1.07 in 2019 to $1.03 in 2022. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.

Recap

In this article, we explore the recent dividend payout of Northwest Bancshares and its significance for shareholders. The company has decided to distribute a dividend of $0.20 per share today, which equates to an annualized dividend yield of 6.83%.

Northwest Bancshares is the leader in terms of dividend yield compared to its industry peers, with Hope Bancorp having the highest annualized dividend yield at 5.40%.

Given that Northwest Bancshares has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

[Track real-time stock fluctuations for Northwest Bancshares on Benzinga.](https://www.benzinga.com/quote/Northwest Bancshares (NASDAQ: NWBI))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: DividendsSmall CapBZI-DP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...