Latest news with #HWC
Yahoo
4 days ago
- Business
- Yahoo
Hancock Whitney (HWC) is a Top Dividend Stock Right Now: Should You Buy?
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Based in Gulfport, Hancock Whitney (HWC) is in the Finance sector, and so far this year, shares have seen a price change of -2.7%. The holding company of Whitney Bank and Hancock Bank is paying out a dividend of $0.45 per share at the moment, with a dividend yield of 3.38% compared to the Banks - Southeast industry's yield of 2.41% and the S&P 500's yield of 1.56%. Taking a look at the company's dividend growth, its current annualized dividend of $1.80 is up 20% from last year. In the past five-year period, Hancock Whitney has increased its dividend 2 times on a year-over-year basis for an average annual increase of 9.80%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Hancock Whitney's current payout ratio is 33%, meaning it paid out 33% of its trailing 12-month EPS as dividend. Earnings growth looks solid for HWC for this fiscal year. The Zacks Consensus Estimate for 2025 is $5.51 per share, which represents a year-over-year growth rate of 3.57%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, HWC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- General
- Yahoo
Endangered bird euthanized after being found ‘emaciated,' missing part of its beak
HILO, Hawai'i (KHON2) — A Hawaiian hawk, or 'io, was euthanized after being found 'emaciated' and missing part of its beak on Hawai'i Island. Recently, a woman reported finding the injured bird on her property near Mountain View. According to the Department of Land and Natural Resources (DLNR), the bird was missing the upper portion of its beak. 'Examination of the hawk determined the injury wasn't natural, but human caused,' DLNR said. 'No longer able to feed itself, the bird had to be euthanized.' Once-extinct bird species lays first wild eggs in 40 years A wildlife biologist with the Division of Forestry and Wildlife (DOFAW) retrieved the bird and transferred it to the Hawai'i Wildlife Center (HWC). The week before the injured 'io was reported, the HWC also received a tip about a Craigslist post offering a free hawk in Mountain View. DLNR officials said the bird in the post had similar features to the one that was euthanized, but it had its full beak. Wildlife officials said it is not yet 'determined if the two incidents are related.' Raymond McGuire, a DOFAW wildlife biologist, encouraged community members to report potential abuses of endangered species, including Hawaiian hawks, which have state protection in Hawai'i. That means that it is illegal to harm, kill or disrupt the animals, the DLNR said.'We've received several reports in recent years of shootings and other harmful misconduct aimed at Hawaiian hawks,' McGuire said. 'We can all contribute to the protection of our native ʻio and stop the trend of abuse if we keep our eyes open and speak up.' The Hawaiian hawk, or 'io, is an endangered species of bird that is found only on the island of Hawai'i, according to the (FWS). The species has been considered to be endangered since 1967. If you suspect illegal activity, you can call the DLNR enforcement hotline at 808-643-3567 or use the DLNRTip app. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
IOL News
27-05-2025
- Business
- IOL News
Stumbling block in Oude Molen plans
Tenants of Oude Molen Eco Village were given a boost when Heritage Western Cape (HWC) turned down a Heritage Impact Assessment (HIA) application by the provincial government which has proposed a mixed-used development on the site. Last Wednesday May 14, HWC made a decision that the HIA application by the provincial government did not meet the provisions of the National Heritage Resources Act (NHRA). Chief Executive Officer (CEO) of HWC, Dr Michael Janse van Rensburg laid down some of the motivations for turning down the provincial government. According to HWC, the intangible heritage/living heritage has not been sufficiently investigated; there is insufficient information regarding the significance of the site in relation to the broader Two Rivers Urban Park (TRUP) heritage area; more detailed information is required pertaining to the massing of proposed buildings in order to make an accurate assessment of the impact on heritage resources. 'A revised HIA is to be submitted by the provincial government to HWC for further consideration,' says Dr Janse van Rensburg.
IOL News
27-05-2025
- General
- IOL News
WC government told to go back to drawing board over its plans for Oude Molen Village
The Oude Molen Eco Village has picturesque mountain views. Image: Wesley Ford THE provincial government says the future of the Oude Molen property remains in its control despite Heritage Western Cape's (HWC) decision to reject the Department of Infrastructure's proposed plans for the area. HWC recently found that the Heritage Impact Assessment (HIA) did not fully meet the requirements outlined in Section 38(3) of the National Heritage Resources Act (Act 25 of 1999). The Department of Infrastructure's plans for the site included a mixed use and mixed income housing development. The Oude Molen Precinct forms part of the broader Two Rivers landscape, an area of significant tangible and intangible heritage value to the people of the Western Cape, HWC said. Interested parties last year expressed concern over what they said could be another 'tick box exercise' as the public were given a chance to comment on proposed development plans for the Oude Molen Precinct (OMP). Currently, Oude Molen houses several organisations, small businesses, two schools, the Goringhaicona Kraal and stables, among others, in green natural surroundings. Following the move by the heritage protection body, the community lauded the decision amid ongoing tensions about the land's future. 'HWC turned down the HIA and this is an important step towards greater transparency, participation and meaningful consultation regarding this controversial project. This decision is a significantly positive outcome welcomed by the community of Oude Molen Eco Village and to all interested and affected parties that have lodged their objections and comments so far in this ongoing process. The Oude Molen Eco Village community joins hands with its allied organisations, groups, individuals and traditional bodies in applauding this decision. 'As a diverse community of interested and affected parties, we are respectful of HWC's role as a statutory heritage body that holds a responsibility and mandate to protect the intangible and tangible heritage resources within the Two Rivers Urban Park and in such resources on the Western Cape. "HWC has asserted its commitment to preserving a precinct that has been nationally recognised as a historical epicentre of liberation and resistance that holds cultural, environmental and ecological significance to South Africa and beyond. Western Cape Heritage committee members personally visited the Oude Molen Eco Village and commented about their positive experience of the natural peaceful environment,' Oude Molen Eco Village exco members said in a statement. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ The HWC said its decision was not final. 'The development team has been requested to undertake further refinements to the assessment. HWC remains committed to a thorough and transparent review process that respects and protects this heritage. A final decision will be made once a revised HIA that meets HWC's requirements is submitted and reviewed,' said HWC chief executive, Michael Janse van Rensburg. The provincial infrastructure department meanwhile maintained they would forge ahead with their plans, as the custodians of the land. 'The Department of Infrastructure intends to respond to HWC to clarify certain matters that arose during the discussion at the HWC; and to prepare an addendum to the HIA to address the technical issues highlighted by the HWC,' said department spokesperson, Melt Botes. He said the Department of Infrastructure remains the custodian of this property and landlord to the tenants. 'Any future plans for this property have always been premised on the DoI and the Western Cape Government's commitment to ensure that the property reaches its highest and best potential in serving the wider communities of the Western Cape, while facilitating an integrated development that provides a residentially led mixed use development inclusive of affordable housing (including social housing) with access to job opportunities, education and natural and heritage resources to all; not just a select few,' he added. Cape Times
Yahoo
21-05-2025
- Business
- Yahoo
Hancock Whitney (HWC) Could Be a Great Choice
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Hancock Whitney (HWC) is headquartered in Gulfport, and is in the Finance sector. The stock has seen a price change of 3.14% since the start of the year. The holding company of Whitney Bank and Hancock Bank is paying out a dividend of $0.45 per share at the moment, with a dividend yield of 3.19% compared to the Banks - Southeast industry's yield of 2.28% and the S&P 500's yield of 1.53%. In terms of dividend growth, the company's current annualized dividend of $1.80 is up 20% from last year. Over the last 5 years, Hancock Whitney has increased its dividend 2 times on a year-over-year basis for an average annual increase of 9.80%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Hancock Whitney's current payout ratio is 33%, meaning it paid out 33% of its trailing 12-month EPS as dividend. Earnings growth looks solid for HWC for this fiscal year. The Zacks Consensus Estimate for 2025 is $5.51 per share, which represents a year-over-year growth rate of 3.57%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. That said, they can take comfort from the fact that HWC is not only an attractive dividend play, but is also a compelling investment opportunity with a Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
