WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock

WesBanco, Inc. (NASDAQ: WSBC), a well-established bank holding company headquartered in Wheeling, West Virginia, announced on June 24, 2025, that its Board of Directors has approved a quarterly cash dividend for its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A. This dividend is applicable for the period from May 15, 2025, to August 15, 2025. Shareholders will receive a cash dividend of $0.421875 per depositary share, which translates to $16.875 for each outstanding share of the Series A Preferred Stock. The payment is scheduled for August 15, 2025, to shareholders on record as of August 1, 2025.

WesBanco, celebrating over 150 years in the banking sector, is recognized for its commitment to community-focused financial services across a nine-state region. The institution provides a broad range of offerings including retail and commercial banking, trust and brokerage services, wealth management, and insurance solutions. This comprehensive approach allows WesBanco to effectively address the diverse financial needs of its customers, facilitating their financial growth and success.

As of March 31, 2025, WesBanco reported total assets of approximately $27.4 billion, with its Trust and Investment Services managing around $7.0 billion in assets and additional securities account values amounting to $2.4 billion through its broker/dealer services. The bank prides itself on leveraging large bank capabilities while maintaining a local focus, striving to enhance the communities it serves.

For further information, shareholders and interested parties can visit WesBanco's official website at www.wesbanco.com and follow the company on various social media platforms.

WesBanco, Inc. (NASDAQ: WSBC) has recently announced a quarterly cash dividend on its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A, signaling continued confidence in its financial stability and growth prospects. With a declared amount of $0.421875 per depositary share, this translates to $16.875 per share for shareholders, payable on August 15, 2025. Such dividends are particularly appealing in the current economic climate, where investors are increasingly looking for stable income streams amidst market volatility.

For investors considering WesBanco's preferred stock, the dividend yield of approximately 6.75% offers an attractive return, especially when compared to the current interest rates available on fixed-income securities. This yield positions the stock as a viable income-generating option, particularly for investors looking to mitigate risk while still accessing equity-like returns. The annualized return from this dividend can provide a buffer against market fluctuations, making it a candidate for both income-focused portfolios and conservative strategies.

Given WesBanco's 150-year history and their diversified financial service offerings, the company presents a time-tested investment opportunity. Its solid asset base of $27.4 billion, combined with strong asset management services, underscores their stable operational foundation. Furthermore, having $7.0 billion in trust and investment services indicates a robust customer trust which enhances WesBanco's market positioning.

For new and existing investors, the August dividend payout serves as a reminder of WesBanco’s commitment to returning value to shareholders. However, it is vital to assess market conditions, interest rate trends, and the overall banking landscape before making investment decisions. Maintaining a diversified portfolio while considering securities like WesBanco's preferred stock can provide both growth and income potential in uncertain economic times.