West Bancorporation (WTBA) Declares $0.21 Quarterly Dividend; 3.5% Yield

West Bancorporation (NASDAQ: WTBA) declared a quarterly dividend of $0.21 per share, or $0.84 annualized.

The dividend will be payable on February 19, 2020, to stockholders of record on February 5, 2020, with an ex-dividend date of February 4, 2020.

The annual yield on the dividend is 3.5 percent.

“We continue to successfully execute on our strategic priorities and at the same time deliver consistently strong financial results,” commented Dave Nelson, President and Chief Executive Officer of the Company. “Despite the additional expenses in 2019 from our investment in opening branches in three new markets, the Company still achieved an all-time record for annual earnings. While continued net interest margin compression along with the cost of our expansion have presented financial challenges, we continue to benefit from our ability to manage credit quality and our disciplined approach to expense management.”

For a dividend history and other dividend-related data on West Bancorporation (WTBA) click here.

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