Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. It operates through 78 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was incorporated in 1972 and is headquartered in San Rafael, California.
Westamerica Bancorporation Dividend Announcement
• Westamerica Bancorporation announced a quarterly dividend of $0.44 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-04
• Westamerica Bancorporation annual dividend for 2024 was $1.76
• Westamerica Bancorporation annual dividend for 2023 was $1.72
• Westamerica Bancorporation's trailing twelve-month (TTM) dividend yield is 3.02%
• Westamerica Bancorporation's payout ratio for the trailing twelve months (TTM) is 32.07%
• Westamerica Bancorporation's dividend growth over the last five years (2018-2023) was 1.46% year
• Westamerica Bancorporation's dividend growth over the last ten years (2013-2023) was 1.45% year
Westamerica Bancorporation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | $0.44 | quarterly | 2024-11-15 |
2024-08-05 | $0.44 | quarterly | 2024-08-16 |
2024-05-03 | $0.44 | quarterly | 2024-05-17 |
2024-02-02 | $0.44 | quarterly | 2024-02-16 |
2023-11-03 | $0.44 | quarterly | 2023-11-17 |
2023-08-04 | $0.44 | quarterly | 2023-08-18 |
2023-05-05 | $0.42 | quarterly | 2023-05-19 |
2023-02-03 | $0.42 | quarterly | 2023-02-17 |
2022-11-04 | $0.42 | quarterly | 2022-11-18 |
2022-08-05 | $0.42 | quarterly | 2022-08-19 |
2022-05-06 | $0.42 | quarterly | 2022-05-20 |
2022-02-04 | $0.42 | quarterly | 2022-02-18 |
2021-11-05 | $0.42 | quarterly | 2021-11-19 |
2021-07-30 | $0.41 | quarterly | 2021-08-13 |
2021-04-30 | $0.41 | quarterly | 2021-05-14 |
2021-02-05 | $0.41 | quarterly | 2021-02-19 |
2020-10-30 | $0.41 | quarterly | 2020-11-13 |
2020-07-31 | $0.41 | quarterly | 2020-08-14 |
2020-05-01 | $0.41 | quarterly | 2020-05-15 |
2020-01-31 | $0.41 | quarterly | 2020-02-14 |
2019-11-01 | $0.41 | quarterly | 2019-11-15 |
2019-08-02 | $0.41 | quarterly | 2019-08-16 |
2019-05-03 | $0.41 | quarterly | 2019-05-17 |
2019-02-01 | $0.40 | quarterly | 2019-02-15 |
2018-11-02 | $0.40 | quarterly | 2018-11-16 |
2018-08-03 | $0.40 | quarterly | 2018-08-17 |
2018-05-04 | $0.40 | quarterly | 2018-05-18 |
2018-02-02 | $0.40 | quarterly | 2018-02-16 |
2017-11-03 | $0.40 | quarterly | 2017-11-17 |
2017-08-03 | $0.39 | quarterly | 2017-08-18 |
2017-05-04 | $0.39 | quarterly | 2017-05-19 |
2017-02-02 | $0.39 | quarterly | 2017-02-17 |
2016-11-03 | $0.39 | quarterly | 2016-11-18 |
2016-08-04 | $0.39 | quarterly | 2016-08-19 |
2016-05-05 | $0.39 | quarterly | 2016-05-20 |
2016-02-04 | $0.39 | quarterly | 2016-02-19 |
2015-10-29 | $0.39 | quarterly | 2015-11-13 |
2015-07-30 | $0.38 | quarterly | 2015-08-14 |
2015-04-30 | $0.38 | quarterly | 2015-05-15 |
2015-01-29 | $0.38 | quarterly | 2015-02-13 |
2014-10-30 | $0.38 | quarterly | 2014-11-14 |
2014-07-31 | $0.38 | quarterly | 2014-08-15 |
2014-05-01 | $0.38 | quarterly | 2014-05-16 |
2014-01-30 | $0.38 | quarterly | 2014-02-14 |
2013-10-31 | $0.38 | quarterly | 2013-11-15 |
2013-08-01 | $0.37 | quarterly | 2013-08-16 |
2013-05-02 | $0.37 | quarterly | 2013-05-17 |
2013-01-31 | $0.37 | quarterly | 2013-02-15 |
Westamerica Bancorporation Dividend per year
Westamerica Bancorporation Dividend growth
Westamerica Bancorporation Dividend Yield
Westamerica Bancorporation current trailing twelve-month (TTM) dividend yield is 3.02%. Interested in purchasing Westamerica Bancorporation stock? Use our calculator to estimate your expected dividend yield:
Westamerica Bancorporation Financial Ratios
Westamerica Bancorporation Dividend FAQ
Other factors to consider when evaluating Westamerica 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: Westamerica 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, Westamerica 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, Westamerica 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 Westamerica 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: Westamerica 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, Westamerica 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: Westamerica 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 Westamerica 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 Westamerica 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.