Westamerica Bancorp. (WABC) Declares $0.41 Quarterly Dividend; 2.7% Yield

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Westamerica Bancorporation Declares Quarterly Cash Dividend

July 23, 2020 12:19 PM EDT

SAN RAFAEL, Calif., July 23, 2020 (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 August 3, 2020. The dividend is payable August 14, 2020.

Chairman, President and CEO David Payne stated, This dividend recognizes Westamericas healthy capital level, sound asset quality, and profitability.

On July 16, 2020, Westamerica reported $20 million in net income for the three months ended June 30, 2020, or $0.72 diluted earnings per common share.

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