Westamerica Bancorporation (WABC) Declares $0.38 Quarterly Dividend; 3.5% Yield

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Go back to Westamerica Bancorporation (WABC) Declares $0.38 Quarterly Dividend; 3.5% Yield

Westamerica Bancorporation Declares Quarterly Cash Dividend

January 22, 2015 12:20 PM EST

SAN RAFAEL, Calif., Jan. 22, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (Nasdaq: WABC) today declared a quarterly cash dividend of $0.38 per share on common stock outstanding to shareholders of record at the close of business February 2, 2015. The dividend is payable February 13, 2015.

Chairman, President and CEO David Payne stated, "This dividend recognizes Westamerica's healthy capital level, continuing improvement in asset quality, and relatively high earnings level."

On January 15, 2015, Westamerica reported $15.0 million in net income for the three months ended December 31, 2014, or $0.58 diluted earnings per common share.

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