Westamerica Bancorp (Westamerica Bancorp) Dividend Payout Ratio : 0.30 (As of Dec. 2023)

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What is Westamerica Bancorp Dividend Payout Ratio?

Westamerica Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.30.

The historical rank and industry rank for Westamerica Bancorp's Dividend Payout Ratio or its related term are showing as below:

WABC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.57 Max: 0.83
Current: 0.29

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.

WABC's Dividend Payout Ratio is ranked better than
60.88% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs WABC: 0.29

As of today (2024-04-26), the Dividend Yield % of Westamerica Bancorp is 3.65%.

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

Westamerica Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.44.

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.

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.

The growth rate is calculated with least square regression.

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

Westamerica Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Westamerica Bancorp's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Westamerica Bancorp Dividend Payout Ratio Chart

Westamerica Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.54

0.57

0.51

0.37

0.28

Westamerica Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.28	0.28	0.28	0.30	0.32

Competitive Comparison of Westamerica Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Westamerica Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westamerica Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Westamerica Bancorp's Dividend Payout Ratio falls into.

Westamerica Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.72	/	6.06
	=	0.28

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

Westamerica Bancorp (NAS:WABC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Westamerica Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Westamerica Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Westamerica Bancorp (Westamerica Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westamerica Bancorp (NAS:WABC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

WB1:Germany

Address

1108 Fifth Avenue, San Rafael, CA, USA, 94901

Website

https://www.westamerica.com

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