Westamerica Bancorporation's last quarterly dividend was on Feb 3, 2023 (ex-date) with a distribution of $0.42 per share. On an annualized basis, the company has a current payout of $1.68 per share. This brings the dividend yield to 3.72% based on its recent close price.
WABC has a dividend yield of 3.72% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.32%, Westamerica Bancorporation's dividend yield is 12% higher. The current dividend yield is above the historical average of 2.7% of the last 5 years.
Westamerica Bancorporation has been paying dividends since 1994. WABC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 1.2% for the last twelve months. And with the stock price down by 28% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 3, 2023 | Feb 17, 2023 | Jan 26, 2023 | $0.42 | normal |
| Nov 4, 2022 | Nov 18, 2022 | Oct 27, 2022 | $0.42 | normal |
| Aug 5, 2022 | Aug 19, 2022 | Jul 28, 2022 | $0.42 | normal |
| May 6, 2022 | May 20, 2022 | Apr 28, 2022 | $0.42 | normal |
| Feb 4, 2022 | Feb 18, 2022 | Jan 27, 2022 | $0.42 | normal |
| Nov 5, 2021 | Nov 19, 2021 | Oct 28, 2021 | $0.42 | normal |
| Jul 30, 2021 | Aug 13, 2021 | Jul 22, 2021 | $0.41 | normal |
| Apr 30, 2021 | May 14, 2021 | Apr 22, 2021 | $0.41 | normal |
| Feb 5, 2021 | Feb 19, 2021 | Jan 28, 2021 | $0.41 | normal |
| Oct 30, 2020 | Nov 13, 2020 | Oct 22, 2020 | $0.41 | normal |
| Jul 31, 2020 | Aug 14, 2020 | Jul 23, 2020 | $0.41 | normal |
| May 1, 2020 | May 15, 2020 | Apr 23, 2020 | $0.41 | normal |
| Jan 31, 2020 | Feb 14, 2020 | Jan 23, 2020 | $0.41 | normal |
| Nov 1, 2019 | Nov 15, 2019 | Oct 24, 2019 | $0.41 | normal |
| Aug 2, 2019 | Aug 16, 2019 | Jul 25, 2019 | $0.41 | normal |
| May 3, 2019 | May 17, 2019 | Apr 25, 2019 | $0.41 | normal |
| Feb 1, 2019 | Feb 15, 2019 | Jan 24, 2019 | $0.4 | normal |
| Nov 2, 2018 | Nov 16, 2018 | Oct 25, 2018 | $0.4 | normal |
| Aug 3, 2018 | Aug 17, 2018 | Jul 26, 2018 | $0.4 | normal |
| May 4, 2018 | May 18, 2018 | Apr 26, 2018 | $0.4 | normal |
| Feb 2, 2018 | Feb 16, 2018 | Jan 25, 2018 | $0.4 | normal |
| Nov 3, 2017 | Nov 17, 2017 | Oct 26, 2017 | $0.4 | normal |
| Aug 3, 2017 | Aug 18, 2017 | Jul 27, 2017 | $0.39 | normal |
| May 4, 2017 | May 19, 2017 | Apr 27, 2017 | $0.39 | normal |
| Feb 2, 2017 | Feb 17, 2017 | Jan 26, 2017 | $0.39 | normal |
| Nov 3, 2016 | Nov 18, 2016 | Oct 27, 2016 | $0.39 | normal |
| Aug 4, 2016 | Aug 19, 2016 | Jul 28, 2016 | $0.39 | normal |
WABC has a payout ratio of 37% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 30.6%, Westamerica Bancorporation's payout ratio is 21% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BSRR Sierra Bancorp | 5.26% | $0.92 | 40.9% |
| HAFC Hanmi Financial Corp | 5.14% | $0.97 | 29.1% |
| CATY Cathay General Bancorp | 3.88% | $1.36 | 28% |
| WABC Westamerica Bancorporation | 3.72% | $1.68 | 37% |
Yes, Westamerica Bancorporation has paid four dividends in the last twelve months. WABC has been paying dividends since 1994.
WABC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in May 2023.
Westamerica Bancorporation's last regular dividend was on Feb 3, 2023 (ex-date) with the amount of $0.42 per share.
On an annual basis WABC pays $1.68 per share.
Westamerica Bancorporation's current dividend yield is 3.72%.
Westamerica Bancorporation pays four dividends per year.
Westamerica Bancorporation's dividend payout ratio is 37%.
Westamerica Bancorporation's dividend yield is above the Financial Services sector average.