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Westamerica Bancorp (Westamerica Bancorp) 3-Year Dividend Growth Rate

: 1.60% (As of Dec. 2023)
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Westamerica Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.44.

The historical rank and industry rank for Westamerica Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

WABC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1   Med: 4.7   Max: 30.5
Current: 1.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Westamerica Bancorp was 30.50% per year. The lowest was 1.00% per year. And the median was 4.70% per year.

WABC's 3-Year Dividend Growth Rate is ranked worse than
78.06% of 784 companies
in the Banks industry
Industry Median: 7.35 vs WABC: 1.60

During the past 12 months, Westamerica Bancorp's average Dividends Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Westamerica Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.30. As of today, Westamerica Bancorp's Dividend Yield % is 3.79%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Westamerica Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westamerica Bancorp 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Westamerica Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Westamerica Bancorp's 3-Year Dividend Growth Rate falls into.



Westamerica Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Westamerica Bancorp  (NAS:WABC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Westamerica Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.44/ 1.48
=0.30

During the past 13 years, the highest Dividend Payout Ratio of Westamerica Bancorp was 0.83. The lowest was 0.28. And the median was 0.57.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Westamerica Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4402024-02-022024-02-052024-02-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4402023-11-032023-11-062023-11-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.4402023-08-042023-08-072023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-05-052023-05-082023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Westamerica Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.74/45.55
=3.82 %

Current Share Price is $45.55.
Westamerica Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.74.

During the past 13 years, the highest Dividend Yield of Westamerica Bancorp was 4.46%. The lowest was 2.37%. And the median was 2.91%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westamerica Bancorp 3-Year Dividend Growth Rate Related Terms>


Westamerica Bancorp (Westamerica Bancorp) Business Description

Traded in Other Exchanges
Address
1108 Fifth Avenue, San Rafael, CA, USA, 94901
Westamerica Bancorp is based in San Rafael, California. Westamerica Bancorporation runs a regional community bank and has approximately $7.5 billion in assets. The bank's net revenue is generated by net interest income. Deposit service charges make up the noninterest income sources. The bank focuses mostly on commercial clients, such as smaller businesses. Its footprint encompasses central and northern California, extending north of San Francisco to Mendocino and Lake counties, south to Kern County in central California, and all the way east to Nevada County.
Executives
Alisa Jane Belew director 4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
Curtis Belton officer: Vice President/General Auditor 4550 MANGELS BLVD, A-2Y, FAIRFIELD CA 94585-1200
Melanie Martella Chiesa director 4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
Michele R. Hassid director 4550 MANGELS BLVD A 2M, FAIRFIELD CA 94534
Inez Wondeh director 4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
George S Ensinger officer: SVP/Human Resources Div. Mgr 4550 MANGELS BLVD, A-1R, FAIRFIELD CA 94585-1200
Mac Millan Catherine C director
Edward B Sylvester director
Jesse Leavitt officer: CFO 4550 MANGELS BLVD A-2B, FAIRIFELD CA 94534
John A Thorson officer: SVP & Treasurer
Brian J Donohoe officer: Operations and Systems Mgr 4550 MANGELS BLVD, B-2A, FAIRFIELD CA 94585-1200
Russell W Rizzardi officer: SVP/Chief Credit Administrator 4550 MANGELS BLVD., FAIRFIELD CA 94534
Dennis R Hansen officer: SVP & Controller
James J Schneck officer: General Auditor
David L Robinson officer: VP/Banking Division Manager 4550 MANGELS BLVD, FAIRFIELD CA 94534

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