WesBanco Inc. (WSBC) Announces Quarterly Dividend of $0.22
WesBanco (NASDAQ:WSBC) declared a quarterly dividend on Thursday, February 20th, AnalystRatingsNetwork reports. Investors of record on Friday, March 14th will be given a dividend of 0.22 per share on Tuesday, April 1st. This represents a $0.88 dividend on an annualized basis and a yield of 3.27%.
WSBC has been the subject of a number of recent research reports. Analysts at Guggenheim upgraded shares of WesBanco from a “neutral” rating to a “buy” rating in a research note on Thursday, January 30th. Analysts at Sandler O’Neill initiated coverage on shares of WesBanco in a research note on Tuesday, December 3rd. They set a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. WesBanco currently has an average rating of “Hold” and a consensus target price of $33.40.
WesBanco (NASDAQ:WSBC) last released its earnings data on Monday, January 27th. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.55 by $0.09.
In other WesBanco news, Chairman James Gardill bought 1,000 shares of the company’s stock on the open market in a transaction dated Thursday, February 6th. The stock was purchased at an average cost of $27.56 per share, with a total value of $27,560.00. Following the completion of the transaction, the chairman now directly owns 12,822 shares in the company, valued at approximately $353,374. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
WesBanco, Inc (NASDAQ:WSBC) is a bank holding company.
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