Great Western Bancorp hikes dividend by 400%

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Great Western Bancorp (GWB) will hike its dividend by 400 percent to 5 cents quarterly. This comes after a big dividend cut last year when GWB cut its quarterly dividend by 96.7 percent to one cent per share in Q3 of 2020. 

A quarterly cash dividend of $0.05 per common share will be paid on August 27, 2021, to all stockholders of record as of the close of business on August 13, 2021. The new annual dividend rate of 20 cents per share yields 0.6% at a stock price of $30.80.

Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loan products to retail customers through several channels, including the branch network, online banking system, mobile banking applications and customer care centers.

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Nike hikes dividend by 2.5%

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On November 20, Nike (NKE) announced a 2.5% dividend increase , lifting its quarterly payout to $0.41 per share . Based on a share price of $63 , the dividend now yields 2.7% . This marks Nike’s 24th consecutive year of dividend growth.
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