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WABC Westamerica Bancorporation dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: WABC
  4. Dividend

Westamerica Bancorporation's last quarterly dividend was on Nov 3, 2023 (ex-date) with a distribution of $0.44 per share. On an annualized basis, the company has a current payout of $1.72 per share. This brings the dividend yield to 3.23% based on its recent close price.

Key dates

  • WABC last dividend date: Nov 3, 2023
  • WABC next dividend date: Not announced
Peer dividends: HAFC CATY BSRR
WABC dividend stats
DPS
$1.72
Dividend yield
3.23%
Payout ratio
28.5%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
36.5%

Dividend yield

What is Westamerica Bancorporation current dividend yield

WABC has a dividend yield of 3.23% which is below the Financial Services sector and the industry average. But compared to its Financial Services sector average of 3.38%, Westamerica Bancorporation's dividend yield is only 4.4% lower. The current dividend yield is above the historical average of 2.9% of the last 5 years.

Dividend history

What is WABC dividend payout history and dates

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 2.4% for the last twelve months. And with the stock price down by 11% from a year ago, the dividend yield has increased by 15%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 3, 2023 Nov 17, 2023 Oct 26, 2023 $0.44 normal
Aug 4, 2023 Aug 18, 2023 Jul 27, 2023 $0.44 normal
May 5, 2023 May 19, 2023 Apr 27, 2023 $0.42 normal
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

Westamerica Bancorporation dividend payout ratio

What is Westamerica Bancorporation dividend payout ratio compared to the sector

Payout ratio

WABC has a payout ratio of 28.5% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 36.5%, Westamerica Bancorporation's payout ratio is 22% lower.

Total amount of dividends paid per financial year (from cash flow)

WABC dividend vs peer dividends

How does WABC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HAFC Hanmi Financial Corp 5.63% $1 33.8%
BSRR Sierra Bancorp 4.59% $0.92 38.2%
CATY Cathay General Bancorp 3.54% $1.36 26.8%
WABC Westamerica Bancorporation 3.23% $1.72 28.5%

Frequently asked questions

Does Westamerica Bancorporation pay a dividend?

Yes, Westamerica Bancorporation has paid four dividends in the last twelve months. WABC has been paying dividends since 1994.

When is Westamerica Bancorporation's next dividend?

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 February 2024.

When was WABC's last dividend?

Westamerica Bancorporation's last regular dividend was on Nov 3, 2023 (ex-date) with the amount of $0.44 per share.

How much dividend does Westamerica Bancorporation pay (per share)?

On an annual basis WABC pays $1.72 per share.

What is Westamerica Bancorporation's dividend yield?

Westamerica Bancorporation's current dividend yield is 3.23%.

How often does Westamerica Bancorporation pay dividends?

Westamerica Bancorporation pays four dividends per year.

What is Westamerica Bancorporation's dividend payout ratio?

Westamerica Bancorporation's dividend payout ratio is 28.5%.

Does Westamerica Bancorporation pay a good dividend?

Westamerica Bancorporation's dividend yield is similar to the Financial Services sector average.