Hancock Whitney Corp (HWC) Plans Quarterly Dividend of $0.27

Share on StockTwits

Hancock Whitney Corp (NYSE:HWC) declared a quarterly dividend on Tuesday, October 30th, Wall Street Journal reports. Stockholders of record on Wednesday, December 5th will be paid a dividend of 0.27 per share on Friday, December 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date is Tuesday, December 4th.

Shares of HWC traded up $0.20 during mid-day trading on Tuesday, reaching $41.50. 377,627 shares of the company’s stock were exchanged, compared to its average volume of 533,606. Hancock Whitney has a 52-week low of $38.94 and a 52-week high of $56.40.

Hancock Whitney (NYSE:HWC) last announced its earnings results on Tuesday, October 16th. The company reported $1.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.01. The business had revenue of $289.71 million for the quarter, compared to analysts’ expectations of $292.73 million.

A number of equities analysts recently weighed in on HWC shares. Stephens set a $59.00 price objective on shares of Hancock Whitney and gave the company a “buy” rating in a research report on Wednesday, October 17th. Raymond James lowered their price objective on shares of Hancock Whitney from $60.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Thursday, October 18th. Zacks Investment Research lowered shares of Hancock Whitney from a “buy” rating to a “hold” rating in a research report on Friday, October 19th. Finally, Piper Jaffray Companies set a $59.00 price objective on shares of Hancock Whitney and gave the company a “buy” rating in a research report on Thursday, July 19th.

In other news, insider Cecil W. Knight, Jr. acquired 1,500 shares of the stock in a transaction that occurred on Monday, October 22nd. The shares were purchased at an average cost of $41.41 per share, for a total transaction of $62,115.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Hancock Whitney Company Profile

Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.

Featured Article: What is the balance sheet?

Receive News & Ratings for Hancock Whitney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock Whitney and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply