Westamerica Bancorp. (WABC) Declares $0.39 Quarterly Dividend; 3.3% Yield

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Westamerica Bancorporation Declares Quarterly Dividend and Announces Stock Repurchase Plan

July 28, 2016 12:30 PM EDT

SAN RAFAEL, Calif., July 28, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.39 per share on common stock outstanding to shareholders of record at the close of business August 8, 2016.  The dividend is payable August 19, 2016.

Westamerica Bancorporations Board of Directors also approved a plan to repurchase, as conditions warrant, up to 1,750,000 shares of the Companys common stock on the open market or in privately negotiated transactions prior to September 1, 2017. The repurchase plan represents approximately 7 percent of the Companys common stock... More