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Over the past 10 years Northwest Bancshares, Inc. (NASDAQ:NWBI) has been paying dividends to shareholders. The company currently pays out a dividend yield of 3.9% to shareholders, making it aRead ...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northwest Bancshares (NWBI) have what it takes? Let's find out.
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The S&P 500 Dividend Aristocrats is a stock market index composed of the companies in the S&P 500 index that have increased their dividends in each of the past 25 consecutive years. It was launched in May 2005.
A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock. The law may regulate the size of the common stock dividend particularly when the payout is a cash distribution tantamount to a liquidati
On December 18, 2009, the bank converted from a mutual savings bank to a joint stock company. [1]In 2015, the bank changed its name to the present Northwest Bank. [2]In August 2015, the bank's holding company, Northwest Bancshares, Inc., merged with LNB Bancorp, Inc., in a stock and cash deal and acquired Lorain National Bank. [4]
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The largest purchase yet came in 1992 when Norwest paid about $420 million in stock for United Banks of Colorado Inc., a bank based in Denver with total assets of $6.3 billion. Norwest Financial grew through acquisition as well, with the 1992 purchase of Trans Canada Credit , the second largest consumer finance firm in Canada.