Associated Banc-Corp(ASB) is having a Dividend Yield of 1.82% with the Annual cash Dividend per share of $0.45. The last quarter cash dividend per share pay out was $0.12. Associated Banc-Corp has a 5 year average dividend yield of 2.04% and the stock has a Indicated annual dividend of $0.48. Associated Banc-Corp(ASB) formally announced its most recent dividend on February 8, 2017 with a Dividend per share of $0.12. The new indicated annual dividend based on announced dividend per share is $0.48. The dividend yield based on the forward looking indicated annual dividend is 1.82%. Associated Banc-Corp(ASB) has the most recent dividend payout ratio of 0.38 with a 5-year average payout ratio of 0.32. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.06. The 5 year historical dividend growth of Associated Banc-Corp(ASB) is at the rate of 17.61% while the R-Squared dividend growth is 0.81. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Associated Banc-Corp (NYSE:ASB) rose 0.19% or 0.05 points on Thursday and made its way into the gainers of the day. After trading began at $26.2 the stock was seen hitting $26.4 as a peak level and $26.1 as the lowest level. The stock ended up at $26.4. The daily volume was measured at 692,648 shares. The 52-week high of the share price is $26.5 and the 52-week low is $15.72. The company has a market cap of $4,008 million. Shares of Associated Banc-Corp rose by 3.73% in the last five trading days and 8.64% for the last 4 weeks. Associated Banc-Corp is up 15.66% in the last 3-month period. Year-to-Date the stock performance stands at 6.88%.
Currently the company Insiders own 2.09% of Associated Banc-Corp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.26% . Institutional Investors own 75.96% of Associated Banc-Corp shares. During last six month period, the net percent change held by insiders has seen a change of -11.45%. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Moral-niles Christopher Del (Chief Financial Officer) sold 4,430 shares at 25.68 per share price.On Feb 9, 2017, James Yee (Executive Vice President) sold 8,599 shares at 25.15 per share price.On Feb 3, 2017, David L Stein (Executive Vice President) sold 8,000 shares at 25.04 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Associated Banc Corp was Initiated by JMP Securities to Mkt Perform on Feb 2, 2017. Associated Banc Corp was Initiated by Piper Jaffray to Neutral on Jan 12, 2017. Associated Banc Corp was Initiated by SunTrust on Dec 21, 2016 to Hold, Price Target of the shares are set at $26.Associated Banc Corp was Upgraded by BofA/Merrill to Neutral on Dec 15, 2016. Associated Banc Corp was Downgraded by Jefferies to Hold on Nov 28, 2016.
Associated Banc Corp Last issued its quarterly earnings results on Jan 19, 2017. The company reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.32.Analysts expectations of $ 263.00.During the same quarter in the previous year, the company posted $0.27 EPS.
Associated Banc-Corp is a diversified multibank holding company. The company has banking offices serving communities in Wi., Il. and Min. The company offers a full range of traditional banking services such as: Business banking, Trust, asset management, and investment services, Retail banking, Private banking, Credit and debit cards, Personal loans, Full-service, discount and online investment brokerage, Personal trust, Employee benefit plan investment management, Insurance, Leasing, Correspondent banking, Cash management services, International banking.