At the end of August 16, 2023, Webster Finl WBS will reward its shareholders with a dividend payout of $0.40 per share, demonstrating an annualized dividend yield of 3.71%. Remember, only investors who held the stock before the ex-dividend date on August 01, 2023 will receive this payout.
Webster Finl Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-01 | 4 | $0.4 | 3.71% | 2023-07-19 | 2023-08-02 | 2023-08-16 |
| 2023-05-05 | 4 | $0.4 | 4.64% | 2023-05-03 | 2023-05-08 | 2023-05-22 |
| 2023-05-05 | 4 | $0.4 | 4.43% | 2023-04-26 | 2023-05-08 | 2023-05-22 |
| 2023-02-03 | 4 | $0.4 | 3.41% | 2023-01-25 | 2023-02-06 | 2023-02-17 |
| 2022-11-03 | 4 | $0.4 | 3.06% | 2022-10-25 | 2022-11-04 | 2022-11-14 |
| 2022-08-01 | 4 | $0.4 | 3.66% | 2022-07-18 | 2022-08-02 | 2022-08-17 |
| 2022-05-11 | 4 | $0.4 | 3.29% | 2022-04-28 | 2022-05-12 | 2022-05-27 |
| 2022-01-27 | 4 | $0.4 | 2.49% | 2022-01-18 | 2022-01-28 | 2022-02-11 |
| 2021-11-08 | 4 | $0.4 | 2.72% | 2021-10-26 | 2021-11-09 | 2021-11-23 |
| 2021-08-02 | 4 | $0.4 | 3.34% | 2021-07-19 | 2021-08-03 | 2021-08-17 |
| 2021-05-04 | 4 | $0.4 | 3.17% | 2021-04-21 | 2021-05-05 | 2021-05-19 |
| 2021-02-08 | 4 | $0.4 | 3.14% | 2021-01-26 | 2021-02-09 | 2021-02-23 |
Webster Finl's dividend yield falls in the middle range when compared to its industry peers, with Truist Finl TFC having the highest annualized dividend yield at 7.03%.
Analyzing Webster Finl 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
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.53 to $1.60, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Webster Finl
Investors can observe a growth in earnings for Webster Finl from 2019 to 2022, as earnings per share increased from $4.13 to $5.30. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article takes an in-depth look at Webster Finl's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.40 per share today, translating to an annualized dividend yield of 3.71%.
Webster Finl's dividend yield falls in the middle range when compared to its industry peers, with Truist Finl having the highest annualized dividend yield at 7.03%.
Given that Webster Finl has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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