Wesbanco: Dividend Insights
Portfolio Pulse from Benzinga Insights
Wesbanco (NASDAQ:WSBC) announced a quarterly dividend of 35 cents per share, payable on July 1, 2023. Shareholders must own the stock prior to the ex-dividend date, Thursday, to be eligible for the payout.
June 05, 2023 | 2:47 pm
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Wesbanco's stock will likely trade lower on Thursday due to the ex-dividend date, reflecting the 35 cents per share dividend payout.
Wesbanco's stock will likely trade lower on the ex-dividend date as the market adjusts the stock price to reflect the dividend payout. This is a common occurrence for stocks on their ex-dividend dates, and investors should be aware of this short-term price impact.
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