WesBanco, Inc. (NASDAQ:WSBCP) Increases Dividend to $0.42 Per Share

WesBanco, Inc. (NASDAQ:WSBCP) declared a quarterly dividend on Wednesday, April 17th, Wall Street Journal reports. Stockholders of record on Wednesday, May 1st will be given 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 of this dividend is Tuesday, April 30th. This is an increase from WesBanco’s previous quarterly dividend of $0.42.

WesBanco Trading Up 0.5 %

Shares of WSBCP traded up $0.12 during mid-day trading on Friday, reaching $24.13. 501 shares of the company’s stock traded hands, compared to its average volume of 23,821. The stock’s 50-day moving average is $23.94 and its two-hundred day moving average is $23.71. WesBanco has a 12 month low of $17.35 and a 12 month high of $24.77.

About WesBanco

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.