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Great Western Bancorp (GWB) will raise its dividend by 16.7 percent to $0.14 quarterly in November 2015. Earlier this year the company initiated a quarterly dividend of $0.12 per share and this marks the first ever dividend hike.

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.