Dividend Growth of Northwest Bancshares, Inc.(NWBI)

Northwest Bancshares(NWBI) is having a Dividend Yield of 3.62% with the Annual cash Dividend per share of $0.6. The last quarter cash dividend per share pay out was $0.15. Northwest Bancshares has a 5 year average dividend yield of 4.02% and the stock has a Indicated annual dividend of $0.64. Northwest Bancshares(NWBI) formally announced its most recent dividend on January 24, 2017 with a Dividend per share of $0.16. The new indicated annual dividend based on announced dividend per share is $0.64. The dividend yield based on the forward looking indicated annual dividend is 3.62%. Northwest Bancshares(NWBI) has the most recent dividend payout ratio of 0.71 with a 5-year average payout ratio of 0.75. The 5 year historical dividend growth of Northwest Bancshares(NWBI) is at the rate of 5.64% while the R-Squared dividend growth is 0.93. 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.

Northwest Bancshares, Inc. (NASDAQ:NWBI) rose 0.9% or 0.16 points on Thursday and made its way into the gainers of the day. After trading began at $17.74 the stock was seen hitting $17.87 as a peak level and $17.64 as the lowest level. The stock ended up at $17.86. The daily volume was measured at 590,495 shares. The 52-week high of the share price is $19.1 and the 52-week low is $12.09. The company has a market cap of $1,816 million. Shares of Northwest Bancshares, Inc. rose by 3.9% in the last five trading days and 2.37% for the last 4 weeks. Northwest Bancshares, Inc. is up 0.77% in the last 3-month period. Year-to-Date the stock performance stands at -0.01%.

Currently the company Insiders own 2.5% of Northwest Bancshares, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.44% . Institutional Investors own 67.11% of Northwest Bancshares, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -10.44%. Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Philip M Tredway (director) sold 5,850 shares at 18.62 per share price.On Dec 15, 2016, Timothy M Hunter (director) purchased 1,000 shares at 18.37 per share price.On Dec 7, 2016, Michael G Smelko (Exec. V.P., Chief Credit Off.) sold 30,375 shares at 18.27 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Northwest Bancshares was Downgraded by Sandler ONeill to Sell on Dec 19, 2016.

Northwest Bancorp, Inc. is a bank holding company whose sole activity is the ownership of all of the issued and outstanding common stock of Northwest Savings Bank and the majority ownership of Jamestown Savings Bank. Northwest Savings Bank is a stock savings bank. The bank is a community-oriented institution offering traditional deposit and loan products, and through its subsidiaries, consumer finance services.


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