Don't Race Out To Buy Northwest Bancshares, Inc. (NASDAQ:NWBI) Just Because It's Going Ex-Dividend

Northwest Bancshares, Inc. (NASDAQ:NWBI) stock is going ex-dividend soon. Investors purchasing after August 2 will miss the upcoming US$0.20 per share dividend. With a high payout ratio and declining earnings, caution is advised for long-term dividend investors.