Northwest Bancshares, Inc.
NWBIFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
5.36%
Annual Dividend
$0.80
Payout Ratio
77%
5-Yr Growth
1.0%
Ex-Date
Aug 6, 2026
Frequency
Quarterly
Key facts about NWBI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Northwest Bancshares, Inc. (NWBI) has a forward dividend yield of 5.36%, based on an annual dividend of $0.80 per share and a share price of $14.93.
- As of Oct 18, 2026, NWBI's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
- NWBI has never cut its regular dividend in the payment history SmarterDividends has on record.
- NWBI's most recent ex-dividend date was Aug 6, 2026, for a dividend of $0.20 per share.
- As of Oct 18, 2026, NWBI pays out 77% of its trailing 12-month earnings as dividends (its payout ratio).
- NWBI's dividend has grown at an average rate of 1.0% a year over the past five years.
- As of Oct 18, 2026, NWBI's 5.36% yield is 14% below its five-year average yield of 6.25%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NWBI is $24.87 per share, 67% above the $14.93 share price, so NWBI screens as undervalued.
- Northwest Bancshares, Inc. (NWBI) pays its dividend quarterly, 4 times a year.
- Northwest Bancshares, Inc. (NWBI) has raised its regular dividend 23 times and cut it 1 time across the 127 payments on record since 1995. Its most recent change was a 5.3% increase to $0.200 per share, going ex-dividend on May 5, 2021. The last cut went ex-dividend on Jul 29, 2014.
Cite this page
SmarterDividends, "NWBI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NWBI
Summary
As of Oct 18, 2026, Northwest Bancshares, Inc. (NWBI) yields 5.36% ($0.80 a year per share) and has a dividend safety grade of A (90/100).
Is NWBI a good dividend stock?
YesNorthwest Bancshares, Inc. (NWBI) pays a quarterly dividend yielding 5.36% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 5.36%
- Payout Ratio
- 77%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- 1.0%
- Ex-Dividend Date
- Aug 6, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.69
- Market Cap
- $2.2B
- P/E Ratio
- 14.4
- 5-Yr Total Return
- 12%
- 52-Week Range
- $11.25 – $16.16
- Dividend Safety
- A · 90/100
- Ever Cut?
- No
NWBI dividend raises and cuts
Northwest Bancshares, Inc. (NWBI) has raised its regular dividend 23 times and cut it 1 time across the 127 payments on record since 1995. Its most recent change was a 5.3% increase to $0.200 per share, going ex-dividend on May 5, 2021. The last cut went ex-dividend on Jul 29, 2014.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 5, 2021 | Raise | $0.190 → $0.200 | +5.3% |
| Feb 5, 2020 | Raise | $0.180 → $0.190 | +5.6% |
| Jan 31, 2019 | Raise | $0.170 → $0.180 | +5.9% |
| Jan 31, 2018 | Raise | $0.160 → $0.170 | +6.3% |
| Jan 31, 2017 | Raise | $0.150 → $0.160 | +6.7% |
| Feb 2, 2016 | Raise | $0.140 → $0.150 | +7.1% |
| Feb 3, 2015 | Raise | $0.130 → $0.140 | +7.7% |
| Jul 29, 2014 | Cut | $0.230 → $0.130 | −43.5% |
| Jan 30, 2014 | Raise | $0.130 → $0.230 | +76.9% |
| Jul 30, 2013 | Raise | $0.120 → $0.130 | +8.3% |
| Jan 31, 2012 | Raise | $0.110 → $0.120 | +9.1% |
| May 3, 2011 | Raise | $0.100 → $0.110 | +10.0% |
Show all 24 changes since 1995
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 2, 2010 | Raise | $0.0978 → $0.100 | +2.3% |
| Jul 31, 2007 | Raise | $0.0889 → $0.0978 | +10.0% |
| Oct 31, 2006 | Raise | $0.0800 → $0.0889 | +11.1% |
| Aug 1, 2006 | Raise | $0.0711 → $0.0800 | +12.5% |
| Nov 1, 2005 | Raise | $0.0622 → $0.0711 | +14.3% |
| Aug 2, 2005 | Raise | $0.0533 → $0.0622 | +16.7% |
| Jul 29, 2004 | Raise | $0.0444 → $0.0533 | +20.0% |
| Jul 29, 2003 | Raise | $0.0356 → $0.0444 | +25.0% |
| Jul 29, 2002 | Raise | $0.0267 → $0.0356 | +33.3% |
| Jul 27, 2001 | Raise | $0.0178 → $0.0267 | +50.0% |
| Jul 29, 1996 | Raise | $0.0167 → $0.0178 | +6.7% |
| Apr 25, 1995 | Raise | $0.0111 → $0.0167 | +50.0% |
Frequently Asked Questions
Is NWBI a good dividend stock?
Yes. Northwest Bancshares, Inc. (NWBI) pays a quarterly dividend yielding 5.36% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is NWBI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NWBI's fair value is about $24.87 versus a $14.93 share price — so it looks undervalued (+67% vs. fair value).
Is NWBI's dividend safe?
NWBI has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is NWBI's fair value?
Our blended fair-value estimate for NWBI is about $24.87 per share, roughly 67% above the current $14.93 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NWBI a buy, hold, or sell?
We don't issue formal ratings, but on the data NWBI screens as "yes" and undervalued. Northwest Bancshares, Inc. (NWBI) pays a quarterly dividend yielding 5.36% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will NWBI cut its dividend?
NWBI earns a dividend-safety grade of A (90/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NWBI pay a dividend?
Yes. Northwest Bancshares, Inc. pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 5.36%.
What is NWBI's dividend yield?
As of Oct 18, 2026, NWBI's forward dividend yield is 5.36%, based on a $0.80 annual dividend and a $14.93 share price.
What is NWBI's dividend per share?
As of Oct 18, 2026, NWBI pays $0.80 per share per year, distributed on a quarterly basis.
What is NWBI's dividend payout ratio?
As of Oct 18, 2026, NWBI's payout ratio is 77% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has NWBI grown its dividend?
NWBI does not currently have a long dividend-growth streak on record.
When is the next NWBI ex-dividend date?
As of Oct 18, 2026, NWBI's next ex-dividend date hasn't been announced. The most recent was Aug 6, 2026, for $0.20 per share.
NWBI Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
+34%
5 Years
+12%
52-Week Range
$11.25 – $16.16
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NWBI worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Northwest Bancshares, Inc. is $24.87 per share, versus a market price of $14.93. That implies 67% of upside — a margin of safety of about 40%.
Fair Value
$24.87
Current Price
$14.93
Upside
+67%
Margin of Safety
40%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.04 EPS, $0.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NWBI Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NWBI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 6, 2026 | Aug 18, 2026 | $0.2000 | regular |
| May 7, 2026 | May 20, 2026 | $0.2000 | regular |
| Feb 5, 2026 | Feb 18, 2026 | $0.2000 | regular |
| Nov 6, 2025 | Nov 18, 2025 | $0.2000 | regular |
| Aug 8, 2025 | Aug 19, 2025 | $0.2000 | regular |
| May 8, 2025 | May 20, 2025 | $0.2000 | regular |
| Feb 3, 2025 | Feb 14, 2025 | $0.2000 | regular |
| Nov 8, 2024 | Nov 18, 2024 | $0.2000 | regular |
| Aug 2, 2024 | Aug 14, 2024 | $0.2000 | regular |
| May 1, 2024 | May 15, 2024 | $0.2000 | regular |
| Feb 1, 2024 | Feb 14, 2024 | $0.2000 | regular |
| Nov 1, 2023 | Nov 14, 2023 | $0.2000 | regular |
| Aug 2, 2023 | Aug 14, 2023 | $0.2000 | regular |
| May 3, 2023 | May 15, 2023 | $0.2000 | regular |
Income Calculator
At $0.80 / yr per share
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