WesBanco Announces Quarterly Cash Dividends for Common and Preferred Stock
WesBanco, Inc. (Nasdaq: WSBC), a prominent multi-state bank holding company, recently revealed its plans for shareholder dividends in a significant announcement. On August 19, 2026, the bank's Board of Directors declared a quarterly cash dividend of $0.38 per share for common stockholders. This dividend is set to be distributed on October 1, 2026, to those shareholders on record as of September 4, 2026. This announcement highlights the bank's financial stability and dedication to returning value to its investors, translating to an annualized cash dividend rate of $1.52 per common share.
In addition to this announcement, WesBanco's Board has also declared a quarterly cash dividend for its outstanding Series B Non-Cumulative Perpetual Preferred Stock, which carries a rate of 7.375%. For the period from July 1, 2026, through, but not including, October 1, 2026, the declared cash dividend is calculated at $0.4609 per depositary share, equating to a total of $18.4375 per share for those holding Series B Preferred Stock. This cash dividend will also be payable on October 1, 2026, under the same record date of September 4, 2026.
The declarations made by WesBanco illustrate its robust financial performance and commitment to provide attractive returns for its shareholders. This is part of the bank's broader strategy which focuses on fostering relationships with its customers while ensuring their financial growth and stability. With over 150 years of service, WesBanco has been a trusted community bank, creating lasting solutions tailored to customers' financial needs.
WesBanco boasts a rich history and currently manages assets totaling approximately $27.8 billion, including $8.2 billion in its Trust and Investment Services division, as of June 30, 2026. The bank's retail and commercial banking services, alongside wealth management and insurance offerings, are specially crafted to help customers realize their financial ambitions. WesBanco effectively combines the strength of a large financial institution with a local focus, aiming to support and enhance the communities it serves.
To learn more about WesBanco, Inc. and their various banking and financial services, interested parties are encouraged to visit their official website at www.wesbanco.com or engage with them on social media platforms such as Facebook, LinkedIn, and Instagram, where they share insights and updates on their financial offerings and community initiatives. With such solid dividends announced, WesBanco remains a competitive and appealing choice for investors looking to enhance their portfolios with reliable dividend-paying stocks.