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WesBanco Declares Quarterly Cash Dividend Upon Its Perpetual Preferred Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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dividends
WHEELING, W. Va., July 21, 2021 /PRNewswire/ -- WesBanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding shares of its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") (Nasdaq:WSBCP). The declared cash dividend on the Series A Preferred Stock is for the period from May 15, 2021, up to, but excluding August 15, 2021. The declared cash dividend equates to $0.421875 per depositary share, or $16.875 per share of the Series A Preferred Stock outstanding. The cash dividend is payable on August 16, 2021 to shareholders of record on August 2, 2021.
About WesBanco, Inc. Founded in 1870, WesBanco, Inc. (www.wesbanco.com) is a diversified and balanced financial services company that delivers large bank capabilities with a community bank feel. Our distinct long-term growth strategies are built upon unique sustainable advantages permitting us to span six states with meaningful market share. Built upon our 'Better Banking Pledge', our customer-centric service culture is focused on growing long-term relationships by pledging to serve all personal and business customer needs efficiently and effectively. In addition to a full range of online and mobile banking options and a full-suite of commercial products and services, WesBanco provides trust, wealth management, securities brokerage, and private banking services through our century-old Trust and Investment Services department, with approximately $5.2 billion of assets under management (as of March 31, 2021). WesBanco's banking subsidiary, WesBanco Bank, Inc., operates 212 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia. Additionally, WesBanco operates an insurance agency, WesBanco Insurance Services, Inc., and a full service broker/dealer, WesBanco Securities, Inc.
in the simplest terms, wesbanco, inc. is a multi-state, bank holding company headquartered in wheeling, west virginia. but that really doesn’t say much about who we are. over the past decade, we have built a national reputation as a safe, sound and profitable bank holding company that always strives to do better by its customers. we’ve always maintained our community bank orientation – because we’ve never forgotten who’s money we’re holding. we merge technology with people to support our commitment to personal customer service. that’s why wesbanco is, by all accounts, the smarter, faster and better bank for you. wesbanco's banking subsidiary wesbanco bank, inc., operates 118 banking offices in the states of west virginia, ohio and pennsylvania. in addition, wesbanco operates an insurance agency, wesbanco insurance services, inc., and a full service broker/dealer, wesbanco securities, inc.
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