WHEELING, W.Va., May 18, 2016 /PRNewswire/ -- WesBanco, Inc. (NASDAQ: WSBC), a multi-state bank holding company with total assets of approximately $8.6 billion, announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share to be paid to its holders of common stock. The dividend will be payable on July 1, 2016 to shareholders of record on June 10, 2016, and represents an annualized cash dividend rate of $0.96 per common share.
About WesBanco, Inc.
Founded in 1870, WesBanco, Inc. (www.wesbanco.com) is a multi-state, bank holding company with total assets of approximately $8.6 billion (as of March 31, 2016). WesBanco is a diversified and well-balanced financial services institution, with a community bank at its core, built upon a strong legacy of credit and risk management. WesBanco has meaningful market share across its key geographies maintained by its commitment to dedicated customer service and solid fee-based businesses. It also provides wealth management services through a century-old trust and wealth management business, with more than $3 billion of assets under management, and serves as registered investment advisor to a proprietary mutual fund family, the WesMark Funds. WesBanco's banking subsidiary, WesBanco Bank, Inc., operates 141 financial centers in the states of Ohio, Pennsylvania, and West Virginia. In addition, WesBanco operates an insurance agency, WesBanco Insurance Services, Inc., and a full service broker/dealer, WesBanco Securities, Inc.
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SOURCE WesBanco, Inc.