Trailing Dividend / Share
$1.89
Westamerica Bancorporation (WABC) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.3%
Payout Ratio
40.4%
Sustainable
Dividend Streak
36 years
WABC Dividend Income Check
Safety
40.4% payout ratio with sustainable safety profile.
Consistency
36 straight years of dividend increases.
Income Trend
Yield on cost is 3.2% and trend is rising.
WABC Dividend Scorecard
Yield & Income
Dividend Yield3.3%
Trailing DPS$1.89
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout40.4%
Earnings SafetySustainable
FCF Payout39.4%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak36 years
3Y CAGR2.7%
5Y CAGR2.1%
Yield on Cost (5Y)3.2%
YOC Trendrising
Total Returns
Buyback Yield7.2%
Total Shareholder Yield10.5%
1Y Total Return29.4%
5Y Total Return15.3%
Div Contribution (5Y)15.2%
Estimated $10K growth (return + dividends):
5Y ago$11,52810Y ago$15,48620Y ago$18,244
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WABC Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
WABC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Westamerica Bancorporation distributes 40.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 39.4%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
WABC has raised its dividend for 36 consecutive years, with a 3-year CAGR of 2.7% and 5-year CAGR of 2.1%.
Total Shareholder Returns
Beyond cash dividends, WABC returns capital through share repurchases. The combined picture: 3.3% dividend yield, 7.2% buyback yield, 10.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.2% and is currently rising. The 5-year total return is 15.3%, with dividends contributing 15.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,486 today.
WABC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.75
Avg/Payment$0.4375
Latest Change+4.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 4, 2026Latest | $0.4800 | ↑ +4.3% | 3.43% | May 15, 2026 |
| Feb 2, 2026 | $0.4600 | — | 3.60% | Feb 13, 2026 |
| Nov 3, 2025 | $0.4600 | — | 3.86% | Nov 14, 2025 |
| Aug 4, 2025 | $0.4600 | — | 3.77% | Aug 15, 2025 |
| May 5, 2025 | $0.4600 | ↑ +4.5% | 3.65% | May 16, 2025 |
| Feb 3, 2025 | $0.4400 | — | 3.50% | Feb 14, 2025 |
| Nov 4, 2024 | $0.4400 | — | 3.48% | Nov 15, 2024 |
| Aug 5, 2024 | $0.4400 | — | 3.62% | Aug 16, 2024 |
WABC Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
3.3%
#3 of 9
Safety
Sustainable
40.4% payout
Streak
36Y
2.1% 5Y CAGR
Total Shareholder
10.5%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd WABCWestamerica Bancorpo… | $1.4B | 3.3% | 40.4% | 36 | Sustainable |
1st  CVBFCVB Financial Corp. | $2.8B | 3.9% | 53.0% | 0 | Sustainable |
 BANRBanner Corporation | $2.2B | 3.0% | 34.6% | 1 | Sustainable |
2nd  COLBColumbia Banking Sys… | $7.3B | 3.7% | 60.9% | 5 | Watch |
 PFSIPennyMac Financial S… | $4.3B | 1.4% | 12.5% | 2 | Sustainable |
 BOKFBOK Financial Corpor… | $7.9B | 1.9% | 25.5% | 21 | Sustainable |
 EWBCEast West Bancorp, I… | $17.5B | 1.9% | 25.2% | 8 | Sustainable |
 FFINFirst Financial Bank… | $4.7B | 2.3% | 41.8% | 15 | Sustainable |
 UMBFUMB Financial Corpor… | $10.1B | 1.3% | 19.3% | 24 | Sustainable |
WABC Annual Dividend History (1985–2026)
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.94 | — | 2 | — | — | — | 1.7% |
| 2025 | $1.82 | 3.4% | 4 | $4.53 | 40.2% | 2.49x | 3.2% |
| 2024 | $1.76 | 2.3% | 4 | $5.20 | 33.8% | 2.95x | 3.1% |
| 2023 | $1.72 | 2.4% | 4 | $6.06 | 28.4% | 3.52x | 3.1% |
| 2022 | $1.68 | 1.8% | 4 | $4.54 | 37.0% | 2.70x | 3.0% |
| 2021 | $1.65 | 0.6% | 4 | $3.22 | 51.2% | 1.95x | 2.9% |
| 2020 | $1.64 | 0.6% | 4 | $2.98 | 55.0% | 1.82x | 2.9% |
| 2019 | $1.63 | 1.9% | 4 | $2.98 | 54.7% | 1.83x | 2.9% |
| 2018 | $1.60 | 1.9% | 4 | $2.67 | 59.9% | 1.67x | 2.9% |
| 2017 | $1.57 | 0.6% | 4 | $1.89 | 83.1% | 1.20x | 2.8% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
41+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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WABC — Frequently Asked Questions
Quick answers to the most common questions about buying WABC stock.
How much dividend does WABC pay per share?
Westamerica Bancorporation (WABC) pays a trailing 12-month dividend of $1.89 per share, with a current dividend yield of +3.3%. Payments are made Semi-Annual.
When is WABC's next ex-dividend date?
WABC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WABC typically pays dividends Semi-Annual.
Is WABC's dividend safe?
WABC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +40.4% and FCF payout ratio of +39.4%. With 36 consecutive years of dividend growth, the track record supports sustainability.
Is WABC a Dividend Aristocrat?
Yes, Westamerica Bancorporation is classified as a Dividend Aristocrat with 36 consecutive years of dividend increases. The 5-year dividend CAGR is +2.1%, demonstrating modest dividend growth.
How often does WABC pay dividends?
Westamerica Bancorporation pays dividends Semi-Annual. The trailing 12-month total is $1.89 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in WABC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WABC five years ago would be worth approximately $11,528 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WABC's yield on cost for long-term holders?
WABC's yield on cost — the current dividend divided by the original purchase price — is +3.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.3% market yield, thanks to consistent dividend growth.