Hancock Whitney Rewards Shareholders With a 12.5% Dividend Hike

Hancock Whitney Corp. (HWC) hiked its quarterly cash dividend by 12.5% to 45 cents per share. The dividend will be paid out on March 17, 2025, to its shareholders of record as of March 5.Before the recent hike, the bank increased its dividend by 33.3% to 40 cents per share in April 2024. Hancock Whitney has raised its dividend thrice in the past five years with growth rate of 7.5%. It has a dividend payout ratio of 30%.Based on its closing price of $59.74 as of Jan. 31, HWC’s forward dividend yield, conside ...