Hancock Whitney Corp (HWC) to Issue Quarterly Dividend of $0.27 on December 14th

Hancock Whitney Corp (NYSE:HWC) declared a quarterly dividend on Tuesday, October 30th, Wall Street Journal reports. Shareholders of record on Wednesday, December 5th will be given a dividend of 0.27 per share on Friday, December 14th. This represents a $1.08 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Tuesday, December 4th.

NYSE:HWC opened at $40.22 on Monday. Hancock Whitney has a 1 year low of $38.29 and a 1 year high of $56.40.

Hancock Whitney (NYSE:HWC) last posted its earnings results on Tuesday, October 16th. The company reported $1.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.01. The business had revenue of $289.71 million during the quarter, compared to analyst estimates of $292.73 million.

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Hancock Whitney from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a report on Tuesday, September 18th. Raymond James cut their price target on Hancock Whitney from $60.00 to $55.00 and set a “strong-buy” rating on the stock in a report on Thursday, October 18th. Finally, Stephens set a $59.00 price target on Hancock Whitney and gave the company a “buy” rating in a report on Wednesday, October 17th.

In other news, insider Cecil W. Knight, Jr. purchased 1,500 shares of the business’s stock in a transaction dated Monday, October 22nd. The shares were bought at an average cost of $41.41 per share, for a total transaction of $62,115.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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Hancock Whitney Company Profile

Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.

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