WesBanco, Inc. (NASDAQ:WSBCP) to Issue Dividend Increase – $0.42 Per Share

WesBanco, Inc. (NASDAQ:WSBCP) declared a quarterly dividend on Friday, April 19th, Wall Street Journal reports. Shareholders of record on Wednesday, May 1st will be paid a dividend of 0.4219 per share on Wednesday, May 15th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date is Tuesday, April 30th. This is an increase from WesBanco’s previous quarterly dividend of $0.42.

WesBanco Stock Performance

Shares of NASDAQ:WSBCP traded up $0.12 on Friday, reaching $24.13. 501 shares of the company’s stock were exchanged, compared to its average volume of 23,821. The company has a fifty day moving average of $23.94 and a 200-day moving average of $23.71. WesBanco has a twelve month low of $17.35 and a twelve month high of $24.77.

WesBanco Company Profile

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.