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Westamerica Bancorp (Westamerica Bancorp) Dividend Yield % : 3.67% (As of Apr. 28, 2024)


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What is Westamerica Bancorp Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Westamerica Bancorp is 3.67%.

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

WABC' s Dividend Yield % Range Over the Past 10 Years
Min: 2.37   Med: 2.91   Max: 4.46
Current: 3.67

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%.

WABC's Dividend Yield % is ranked worse than
56.02% of 1205 companies
in the Banks industry
Industry Median: 3.99 vs WABC: 3.67

Westamerica Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-04-28), the Forward Dividend Yield % of Westamerica Bancorp is 3.71%.

Westamerica Bancorp's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Westamerica Bancorp's Dividend Yield % 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 Yield % Chart

Westamerica Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 2.97 2.86 2.84 3.05

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 4.38 3.93 3.05 3.56

Competitive Comparison of Westamerica Bancorp's Dividend Yield %

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

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

* The bar in red indicates where Westamerica Bancorp's Dividend Yield % falls into.



Westamerica Bancorp Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.74/47.44
=3.67 %

Current Share Price is $47.44.
Westamerica Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.74.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.76/47.44
=3.71 %

Current Share Price is $47.44.
Westamerica Bancorp's Dividends per Share for the forward twelve months is calculated as $0.44 * 4 = $1.76.

* 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  (NAS:WABC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Westamerica Bancorp Dividend Yield % Related Terms

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


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

Westamerica Bancorp (Westamerica Bancorp) Headlines

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