Westamerica Bancorp. (WABC) Declares $0.39 Quarterly Dividend; 3.2% Yield

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Westamerica Bancorporation Declares Quarterly Cash Dividend

October 27, 2016 12:09 PM EDT

SAN RAFAEL, Calif., Oct. 27, 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 November 7, 2016.  The dividend is payable November 18, 2016.

Chairman, President and CEO David Payne stated, This quarterly dividend brings full year 2016 dividends to $1.56 per share, representing the twenty-seventh consecutive year of growing dividends for our shareholders.

On October 20, 2016, Westamerica reported $15.6 million in net income for the three months ended September 30, 2016, or $0.61 diluted earnings per common share.

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