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Western New England Bancorp Stock

Western New England Bancorp Dividend 2024

Western New England Bancorp Dividend

0.28 USD

Western New England Bancorp Dividend yield

3.31 %

Ticker

WNEB

ISIN

US9588921018

WKN

A2AT5D

How much dividend does Western New England Bancorp 2024 pay?

According to the latest status from July 2024, Western New England Bancorp paid a total of 0.28 USD per share in dividends within the last 12 months. With the current Western New England Bancorp price of 8.46 USD, this corresponds to a dividend yield of 3.31 %. A dividend is paid times per year.

3.31 % Dividend Yield=
0.28 USD Dividend
8.46 USD Stock Price

Historical Western New England Bancorp Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
6/7/20240.07
3/6/20240.07
12/7/20230.07
9/8/20230.07
6/9/20230.07
3/7/20230.07
12/8/20220.06
9/9/20220.06
6/10/20220.06
3/8/20220.06
12/9/20210.05
9/10/20210.05
6/11/20210.05
3/9/20210.05
12/9/20200.05
9/11/20200.05
6/12/20200.05
3/11/20200.05
12/5/20190.05
9/6/20190.05
1
2
3
4
...
5

Western New England Bancorp dividend history and estimates

In 2023, Western New England Bancorp paid a dividend amounting to 0.28 USD. Dividend means that Western New England Bancorp distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Western New England Bancorp provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Western New England Bancorp’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Western New England Bancorp's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Western New England Bancorp Dividend History

DateWestern New England Bancorp Dividend
2026e0.3 undefined
2025e0.3 undefined
2024e0.3 undefined
20230.28 undefined
20220.24 undefined
20210.2 undefined
20200.2 undefined
20190.2 undefined
20180.16 undefined
20170.12 undefined
20160.12 undefined
20150.12 undefined
20140.21 undefined
20130.23 undefined
20120.28 undefined
20110.33 undefined
20100.31 undefined
20090.3 undefined
20080.4 undefined
20070.35 undefined
20060.2 undefined
20050.17 undefined
20040.09 undefined

Is the Western New England Bancorp Dividend Safe?

Western New England Bancorp has been increasing the dividend for 2 years.

Over the past 10 years, Western New England Bancorp has increased it by an annual 1.987 %.

Over a five-year period, the distribution increased by 11.843%.

Analysts expect a Dividend Increase of 4.295% for the current fiscal year.

Western New England Bancorp dividend payout ratio

In 2023, Western New England Bancorp had a payout ratio of 28.13%. The payout ratio indicates the percentage of the company's profits that Western New England Bancorp distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Western New England Bancorp represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Western New England Bancorp could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Western New England Bancorp's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Western New England Bancorp Payout Ratio History

DateWestern New England Bancorp Payout ratio
2026e24.85 %
2025e23.72 %
2024e22.69 %
202328.13 %
202220.34 %
202119.61 %
202044.44 %
201939.22 %
201828.07 %
201729.27 %
201650 %
201536.36 %
201461.76 %
201367.65 %
2012107.69 %
2011150 %
2010281.82 %
2009166.67 %
2008181.82 %
2007120.69 %
2006132.02 %
200583.82 %
200448.12 %

Dividend Details

Understanding Western New England Bancorp's Dividend Distributions

Western New England Bancorp’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Western New England Bancorp's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Western New England Bancorp's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Western New England Bancorp’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Western New England Bancorp Aktienanalyse

What does Western New England Bancorp do?

Western New England Bancorp Inc is a bank holding company that was founded in 1853 and is headquartered in Westfield, Massachusetts. The company operates several subsidiaries, including Westfield Bank, Hartford Internet Deposit Account, 1853 Ventures, and WB Real Estate Holdings. The bank was originally founded in 1853 as Westfield Savings Bank and was originally a mutual savings bank. In 2002, the bank changed its status to a publicly traded company and changed its name to Westfield Financial Inc. Business Model Western New England Bancorp Inc is a financial institution that specializes in providing financial services to retail customers, small and medium-sized businesses, and institutional investors. The bank offers a wide range of financial products and services, including lending, deposits, consumer loans, commercial loans, mortgages, and investment services. Divisions and Products Westfield Bank is the main subsidiary of Western New England Bancorp Inc. It offers a variety of deposit and loan products, including checking accounts, savings accounts, CDs, credit cards, mortgages, auto loans, commercial real estate loans, and working capital loans. The bank operates a total of 25 branches in Western Massachusetts and Connecticut and also offers online banking services through its website. 1853 Ventures is a subsidiary that focuses on providing no-fee banking and other digital banking services. The company offers deposit and loan services and works closely with other fintech companies to develop innovative solutions for its customers. WB Real Estate Holdings is a subsidiary that focuses on acquiring, developing, and managing commercial real estate projects. The company acquires and manages properties in Western Massachusetts and Connecticut and leverages synergies with other subsidiaries of Western New England Bancorp Inc to be successful. Hartford Internet Deposit Account is an FDIC-insured deposit and money market fund service offered by Westfield Bank, which allows customers to make deposits and withdrawals from their computer or mobile device. The service is available to customers throughout the state of Connecticut. Western New England Bancorp Inc is a company that strives to adapt and grow to meet the needs of its customers. The company has experienced strong expansion in recent years and has expanded its portfolio to include new business segments and products. Customers can rely on Western New England Bancorp Inc for competent and reliable financial services. Western New England Bancorp is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Western New England Bancorp stock

How much dividend does Western New England Bancorp pay?

Over the past 12 months, Western New England Bancorp paid a dividend of 0.28 USD . This corresponds to a dividend yield of about 3.31 %. For the coming 12 months, Western New England Bancorp is expected to pay a dividend of 0.3 USD.

What is the dividend yield of Western New England Bancorp?

The current dividend yield of Western New England Bancorp is 3.31 %.

When does Western New England Bancorp pay dividends?

Western New England Bancorp pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Western New England Bancorp?

Western New England Bancorp paid dividends every year for the past 23 years.

What is the dividend of Western New England Bancorp?

For the upcoming 12 months, dividends amounting to 0.3 USD are expected. This corresponds to a dividend yield of 3.6 %.

In which sector is Western New England Bancorp located?

Western New England Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Western New England Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Western New England Bancorp from 5/22/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 5/7/2024.

When did Western New England Bancorp pay the last dividend?

The last dividend was paid out on 5/22/2024.

What was the dividend of Western New England Bancorp in the year 2023?

In the year 2023, Western New England Bancorp distributed 0.24 USD as dividends.

In which currency does Western New England Bancorp pay out the dividend?

The dividends of Western New England Bancorp are distributed in USD.

Andere Kennzahlen von Western New England Bancorp

Our stock analysis for Western New England Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Western New England Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.