NasdaqGS:WSBCBanks
WesBanco (WSBC) Valuation Check After Dividend Hike and Preferred Stock Refinancing Steps
WesBanco (WSBC) just gave investors a clearer signal on capital priorities, lifting its quarterly dividend by 3% and outlining a full redemption of its Series A preferred shares, funded with newer Series B preferred.
See our latest analysis for WesBanco.
That message seems to be resonating slowly in the market, with a 1 month share price return of 5.8% taking WesBanco to $32.68, even as the 1 year total shareholder return remains slightly negative and long term gains stay respectable. Recent...