By the end of today, November 13, 2023, Webster Finl WBS is set to deliver a dividend payout of $0.40 per share, equating to an annualized dividend yield of 4.23%. The company's dividend payout went ex-dividend on November 02, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Webster Finl Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-02 | 4 | $0.4 | 4.23% | 2023-10-24 | 2023-11-03 | 2023-11-13 |
| 2023-08-01 | 4 | $0.4 | 3.71% | 2023-07-19 | 2023-08-02 | 2023-08-16 |
| 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 |
With a dividend yield that places it neither at the top nor the bottom, Webster Finl finds itself in the middle among its industry peers, while New York Community NYCB boasts the highest annualized dividend yield at 7.31%.
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
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.53 to $1.60. This signifies the company's commitment to consistently increasing shareholder 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 provides an in-depth analysis of Webster Finl's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.40 per share, resulting in an annualized dividend yield of 4.23%.
With a dividend yield that places it neither at the top nor the bottom, Webster Finl finds itself in the middle among its industry peers, while New York Community boasts the highest annualized dividend yield at 7.31%.
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.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Monitor live stock price updates for Webster Finl on Benzinga.](https://www.benzinga.com/quote/Webster Finl (NYSE: WBS))
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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