Westamerica Bancorp. (WABC) Raises Quarterly Dividend 4.8% to $0.44; 3.6% Yield

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Go back to Westamerica Bancorp. (WABC) Raises Quarterly Dividend 4.8% to $0.44; 3.6% Yield

Westamerica Bancorporation Increases Quarterly Cash Dividend

July 27, 2023 12:34 PM EDT

SAN RAFAEL, Calif., July 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.44 per share on common stock outstanding to shareholders of record at the close of business August 7, 2023. The dividend is payable August 18, 2023.

Chairman, President and CEO David Payne stated, This increase in the quarterly dividend recognizes Westamericas reliable earnings stream, financial strength and conservative risk profile.

On July 20, 2023, Westamerica reported $40.2 million in net income for the three months ended June 30, 2023, or $1.51 diluted earnings per common share.

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