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Northwest Bancshares (Northwest Bancshares) 3-Year Dividend Growth Rate

: 1.70% (As of Dec. 2023)
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Northwest Bancshares's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

The historical rank and industry rank for Northwest Bancshares's 3-Year Dividend Growth Rate or its related term are showing as below:

NWBI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.7   Med: 6.9   Max: 36.4
Current: 1.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northwest Bancshares was 36.40% per year. The lowest was 1.70% per year. And the median was 6.90% per year.

NWBI's 3-Year Dividend Growth Rate is ranked worse than
77.49% of 782 companies
in the Banks industry
Industry Median: 7.55 vs NWBI: 1.70

During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Northwest Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.83. As of today, Northwest Bancshares's Dividend Yield % is 7.18%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Northwest Bancshares Inc is 0.73, which seems too high.

Good Sign:

Northwest Bancshares Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Northwest Bancshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northwest Bancshares 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Northwest Bancshares's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Northwest Bancshares's 3-Year Dividend Growth Rate falls into.



Northwest Bancshares 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Northwest Bancshares  (NAS:NWBI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Northwest Bancshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 0.24
=0.83

During the past 13 years, the highest Dividend Payout Ratio of Northwest Bancshares was 1.00. The lowest was 0.66. And the median was 0.74.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Northwest Bancshares Inc is 0.73, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Northwest Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-02-012024-02-022024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-11-012023-11-022023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-08-022023-08-032023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-05-032023-05-042023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Northwest Bancshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/11.13
=7.19 %

Current Share Price is $11.13.
Northwest Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.8.

During the past 13 years, the highest Dividend Yield of Northwest Bancshares was 8.15%. The lowest was 3.09%. And the median was 4.23%.

Good Sign:

Northwest Bancshares Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northwest Bancshares 3-Year Dividend Growth Rate Related Terms>


Northwest Bancshares (Northwest Bancshares) Business Description

Traded in Other Exchanges
Address
3 Easton Oval, Suite 500, Columbus, OH, USA, 43219
Northwest Bancshares Inc is a stockholding company for Northwest Bank. Northwest Bank is a stock savings bank and a community-oriented financial institution offering personal and banking business solutions, investment management, trust services and insurance products. It also offers consumer finance loans through a wholly-owned subsidiary. The bank's loan portfolio segment consists of personal banking and business banking loans. Personal banking includes residential mortgages, home equity loans, and other consumer loans. Business banking loans consist of commercial real estate loans and commercial loans. Net interest income is the company's primary contributor to revenue.
Executives
Timothy B Fannin director 100 LIBERTY STREET, WARREN PA 16365
Devin T Cygnar officer: EVP, Chief Marketing Officer 100 LIBERTY STREET, WARREN PA 16365
Jeffrey J Maddigan officer: EVP, Corporate Treasurer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Louis J Torchio officer: Sr. EVP Retail Lending 100 LIBERTY STREET, WARREN PA 16365
Carey A. Barnum officer: SVP, Chief Auditor 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Scott J Watson officer: EVP, Chief Information Officer 100 LIBERTY STREET, WARREN PA 16365
Jacques Marc Desmarteau officer: SEVP, Chief Comm. Banking Ofc. 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
James M Colestro officer: EVP, Retail Lend & Bus Banking 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Amber Lee Williams director 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Mark A Paup director 100 LIBERTY STREET, WARREN PA 16365
Robert M Campana director NORTHWEST BANCSHARES, INC., 100 LIBERTY STREET, WARREN PA 16365
David M Tullio director 100 LIBERTY STREET, WARREN PA 16365
Richard K Laws officer: EVP Chief Legal Counsel 100 LIBERTY STREET, WARREN PA 16365
Mark T. Reitzes officer: EVP Head of Commercial Lending 3723 GLENMORE AVENUE, CHEVIOT OH 45211
Gregory J. Betchkal officer: EVP, Chief Risk Officer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219