WHEELING, W.Va. – WesBanco Inc. announced Wednesday that its board of directors has declared a quarterly cash dividend of 38 cents per share to be paid to its holders of common stock.
The dividend will be payable April 1 to shareholders of record March 6 and represents an annualized cash dividend rate of $1.52 per common share.
The board of directors also declared a quarterly cash dividend on the outstanding shares of its 7.375% noncumulative perpetual preferred stock, series B. The declared cash dividend equates to $0.4609 per depositary share, or $18.4375 per share of the Series B preferred stock outstanding. The cash dividend is payable April 1 to shareholders of record March 6.
WesBanco reported $27.7 billion in total assets.