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Hancock Whitney Corporation Announces Quarterly Dividend

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Rhea-AI Summary

Hancock Whitney Corporation (Nasdaq: HWC) has approved a regular second quarter 2020 cash dividend of $0.27 per share. This dividend is scheduled to be paid on June 15, 2020, to shareholders who are on record as of June 5, 2020.

The bank, which operates in multiple states, is recognized for its strong financial standing and comprehensive banking services.

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Positive

  • Approval of a quarterly cash dividend of $0.27 per share enhances shareholder returns.
  • Recognized as one of America's most financially sound banks by BauerFinancial.

Negative

  • None.

News Market Reaction – HWC

+6.11%
+6.11% Session move

In the trading session that priced this news, HWC gained 6.11%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GULFPORT, Miss., May 20, 2020 (GLOBE NEWSWIRE) -- Hancock Whitney Corporation (Nasdaq: HWC) today announced that the company’s board of directors approved a regular second quarter 2020 common stock cash dividend of $0.27 per share.

The regular quarterly common stock cash dividend is payable June 15, 2020 to shareholders of record as of June 5, 2020.

About Hancock Whitney
Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee, as well as trust and asset management offices in New Jersey and New York. BauerFinancial, Inc., the nation’s leading independent bank rating and analysis firm, consistently recommends Hancock Whitney as one of America’s most financially sound banks. More information is available at www.hancockwhitney.com.

For more information
Trisha Voltz Carlson, EVP, Investor Relations Manager
504.299.5208 or trisha.carlson@hancockwhitney.com


FAQ

What is the cash dividend amount for Hancock Whitney Corporation (HWC) in Q2 2020?

The cash dividend amount is $0.27 per share.

When will the dividend for HWC be paid?

The dividend will be paid on June 15, 2020.

What is the record date for HWC's Q2 2020 dividend?

The record date is June 5, 2020.

Is the dividend from Hancock Whitney sustainable?

The bank is recognized for its strong financial standing, indicating potential sustainability in dividends.