West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.
West Bancorporation Dividend Announcement
• West Bancorporation announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-11-06
• West Bancorporation annual dividend for 2024 was $1.00
• West Bancorporation annual dividend for 2023 was $1.00
• West Bancorporation's trailing twelve-month (TTM) dividend yield is 4.65%
• West Bancorporation's payout ratio for the trailing twelve months (TTM) is 78.12%
• West Bancorporation's dividend growth over the last five years (2018-2023) was 5.09% year
• West Bancorporation's dividend growth over the last ten years (2013-2023) was 9.06% year
West Bancorporation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | $0.25 | quarterly | 2024-11-20 |
2024-08-07 | $0.25 | quarterly | 2024-08-21 |
2024-05-07 | $0.25 | quarterly | 2024-05-22 |
2024-02-06 | $0.25 | quarterly | 2024-02-21 |
2023-11-07 | $0.25 | quarterly | 2023-11-22 |
2023-08-08 | $0.25 | quarterly | 2023-08-23 |
2023-05-09 | $0.25 | quarterly | 2023-05-24 |
2023-02-07 | $0.25 | quarterly | 2023-02-22 |
2022-11-08 | $0.25 | quarterly | 2022-11-23 |
2022-08-09 | $0.25 | quarterly | 2022-08-24 |
2022-05-10 | $0.25 | quarterly | 2022-05-25 |
2022-02-08 | $0.25 | quarterly | 2022-02-23 |
2021-11-09 | $0.24 | quarterly | 2021-11-24 |
2021-08-10 | $0.24 | quarterly | 2021-08-25 |
2021-05-11 | $0.24 | quarterly | 2021-05-26 |
2021-02-09 | $0.22 | quarterly | 2021-02-24 |
2020-11-09 | $0.21 | quarterly | 2020-11-25 |
2020-08-04 | $0.21 | quarterly | 2020-08-19 |
2020-05-05 | $0.21 | quarterly | 2020-05-20 |
2020-02-04 | $0.21 | quarterly | 2020-02-19 |
2019-11-05 | $0.21 | quarterly | 2019-11-20 |
2019-08-06 | $0.21 | quarterly | 2019-08-21 |
2019-05-07 | $0.21 | quarterly | 2019-05-22 |
2019-02-05 | $0.20 | quarterly | 2019-02-20 |
2018-11-06 | $0.20 | quarterly | 2018-11-21 |
2018-08-07 | $0.20 | quarterly | 2018-08-22 |
2018-05-08 | $0.20 | quarterly | 2018-05-23 |
2018-02-06 | $0.18 | quarterly | 2018-02-21 |
2017-11-07 | $0.18 | quarterly | 2017-11-22 |
2017-08-07 | $0.18 | quarterly | 2017-08-23 |
2017-05-08 | $0.18 | quarterly | 2017-05-24 |
2017-02-06 | $0.17 | quarterly | 2017-02-22 |
2016-11-07 | $0.17 | quarterly | 2016-11-23 |
2016-08-08 | $0.17 | quarterly | 2016-08-24 |
2016-05-09 | $0.17 | quarterly | 2016-05-25 |
2016-02-08 | $0.16 | quarterly | 2016-02-24 |
2015-11-06 | $0.16 | quarterly | 2015-11-25 |
2015-08-03 | $0.16 | quarterly | 2015-08-19 |
2015-05-04 | $0.16 | quarterly | 2015-05-20 |
2015-02-09 | $0.14 | quarterly | 2015-02-25 |
2014-11-03 | $0.14 | quarterly | 2014-11-19 |
2014-08-04 | $0.12 | quarterly | 2014-08-20 |
2014-05-05 | $0.12 | quarterly | 2014-05-27 |
2014-02-03 | $0.11 | quarterly | 2014-02-25 |
2013-11-04 | $0.11 | quarterly | 2013-11-26 |
2013-08-05 | $0.11 | quarterly | 2013-08-27 |
2013-05-06 | $0.10 | quarterly | 2013-05-28 |
2013-02-04 | $0.10 | quarterly | 2013-02-26 |
West Bancorporation Dividend per year
West Bancorporation Dividend growth
West Bancorporation Dividend Yield
West Bancorporation current trailing twelve-month (TTM) dividend yield is 4.65%. Interested in purchasing West Bancorporation stock? Use our calculator to estimate your expected dividend yield:
West Bancorporation Financial Ratios
West Bancorporation Dividend FAQ
Other factors to consider when evaluating West Bancorporation as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: West Bancorporation's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, West Bancorporation publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, West Bancorporation distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from West Bancorporation are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: West Bancorporation sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, West Bancorporation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: West Bancorporation declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of West Bancorporation's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review West Bancorporation's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.