Iat Reinsurance Co. LTD. purchased a new position in WesBanco, Inc. (NASDAQ:WSBCP – Free Report) during the 2nd quarter, Holdings Channel reports. The firm purchased 40,000 shares of the company’s stock, valued at approximately $1,011,000.
WesBanco Stock Performance
NASDAQ WSBCP opened at $24.95 on Friday. The company’s fifty day moving average is $25.25 and its two-hundred day moving average is $25.23. WesBanco, Inc. has a 52-week low of $24.75 and a 52-week high of $25.60.
WesBanco Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Saturday, November 15th. Shareholders of record on Saturday, November 1st will be given a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 6.8%. The ex-dividend date is Friday, October 31st.
WesBanco Company Profile
WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.
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Want to see what other hedge funds are holding WSBCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WesBanco, Inc. (NASDAQ:WSBCP – Free Report).
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