Great Western Bancorp (GWB) will raise its quarterly dividend by 20.0 percent to $0.30 per share in the second quarter of 2019. Last year the dividend was hiked by 25.0 percent.

The next dividend will be paid on May 24, 2019, to all stockholders of record as of the close of business on May 10, 2019. The new dividend yield for GWB is 3.5%.

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.