Hancock Whitney Corporation (HWC) To Go Ex-Dividend on December 4th

Hancock Whitney Corporation (NASDAQ:HWC) declared a quarterly dividend on Thursday, October 29th. Stockholders of record on Friday, December 4th will be given a dividend of $0.50 per share on Tuesday, December 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, December 4th.

Hancock Whitney has increased its dividend by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 3 years. Hancock Whitney has a payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Hancock Whitney to earn $7.19 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 27.8%.

Hancock Whitney Stock Performance

NASDAQ:HWC opened at $71.99 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market cap of $5.78 billion, a PE ratio of 14.48 and a beta of 0.97. The firm has a 50 day simple moving average of $73.63 and a 200-day simple moving average of $70.87. Hancock Whitney has a 1-year low of $55.11 and a 1-year high of $80.13.

Hancock Whitney (NASDAQ:HWC) last announced its earnings results on Tuesday, October 20th. The company reported $1.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.66. The firm had revenue of $421.91 million for the quarter, compared to analyst estimates of $421.75 million. Hancock Whitney had a net margin of 20.51% and a return on equity of 11.65%. During the same quarter last year, the business earned $1.49 earnings per share. On average, equities analysts expect that Hancock Whitney will post 6.42 EPS for the current year.

Hancock Whitney Company Profile

Hancock Whitney Corporation is a financial services company headquartered in Gulfport, Mississippi, and the parent company of Hancock Whitney Bank. The bank provides banking and financial services to individuals, businesses, and institutions through branches and digital banking channels.

Its products and services include checking and savings accounts, consumer and commercial lending, residential mortgages, credit cards, treasury and cash management services, and online and mobile banking.