Great Western Bancorp (GWB) will raise its dividend by 21.4 percent to $0.17 quarterly in 2016. The new dividend  will be paid on November 23, 2016, to all stockholders of record as of the close of business on November 11, 2016. 

Great Western Bancorp initiated a $0.12 per share quarterly dividend last year and raised it to $0.14 prior to today's 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.