Westamerica Bancorp. (WABC) Raises Quarterly Dividend 2.5% to $0.41; 2.6% Yield

Go back to Westamerica Bancorp. (WABC) Raises Quarterly Dividend 2.5% to $0.41; 2.6% Yield

Westamerica Bancorporation Increases Quarterly Cash Dividend

April 25, 2019 11:18 AM EDT

SAN RAFAEL, Calif., April 25, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ:  WABC) today declared a quarterly cash dividend of $0.41 per share on common stock outstanding to shareholders of record at the close of business May 6, 2019.  The dividend is payable May 17, 2019.

Chairman, President and CEO David Payne stated, This increase in our quarterly dividend recognizes Westamericas financial strength, reliable earnings stream, and conservative risk profile. Westamericas annual dividend has increased in each of the last 29 years.

On April 18, 2019, Westamerica reported $19.6 million in net income for the three months ended March 31, 2019... More