SmarterDividends
WABC

Westamerica Bancorporation

WABC36 yrs growth

Financial Services · Banks - Regional · Stock · quarterly payer

$61.40

Fairly valued · +1% Add to Portfolio

Forward Yield

3.15%

Annual Dividend

$1.92

Payout Ratio

41%

5-Yr Growth

2.1%

Ex-Date

Nov 2, 2026

Frequency

Quarterly

Key facts about WABC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, Westamerica Bancorporation (WABC) has a forward dividend yield of 3.15%, based on an annual dividend of $1.92 per share and a share price of $61.40.
  • As of Oct 30, 2026, WABC's dividend safety grade from SmarterDividends is A (98 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Westamerica Bancorporation (WABC) has raised its dividend for 36 consecutive years as of Oct 30, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
  • WABC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • WABC's next ex-dividend date is Nov 2, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 30, 2026, WABC pays out 41% of its trailing 12-month earnings as dividends (its payout ratio).
  • WABC's dividend has grown at an average rate of 2.1% a year over the past five years.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for WABC is $61.71 per share, 1% above the $61.40 share price, so WABC screens as fairly valued.
  • Westamerica Bancorporation (WABC) pays its dividend quarterly, 4 times a year.
  • Westamerica Bancorporation (WABC) has raised its regular dividend 36 times and cut it 1 time across the 158 payments on record since 1987. Its most recent change was a 4.3% increase to $0.480 per share, going ex-dividend on May 4, 2026. The last cut went ex-dividend on Apr 30, 2009.
Cite this page

SmarterDividends, "WABC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/WABC

Summary

As of Oct 30, 2026, Westamerica Bancorporation (WABC) yields 3.15% ($1.92 a year per share), has a dividend safety grade of A (98/100) and has 36 consecutive years of dividend increases on record.

Is WABC a good dividend stock?

Yes

Westamerica Bancorporation (WABC) pays a quarterly dividend yielding 3.15% ($1.92/yr), with 36 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 36 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (41%)
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.15%
Payout Ratio
41%
Annual Dividend
$1.92
5-Yr Avg Growth
2.1%
Ex-Dividend Date
Nov 2, 2026
Years of Growth
36
Frequency
quarterly
Beta
0.56
Market Cap
$1.4B
P/E Ratio
13.5
5-Yr Total Return
13%
52-Week Range
$46.23 – $63.61
Dividend Safety
A · 98/100
Ever Cut?
No

WABC dividend raises and cuts

Westamerica Bancorporation (WABC) has raised its regular dividend 36 times and cut it 1 time across the 158 payments on record since 1987. Its most recent change was a 4.3% increase to $0.480 per share, going ex-dividend on May 4, 2026. The last cut went ex-dividend on Apr 30, 2009.

Ex-dateChangeOld → newMove
May 4, 2026Raise$0.460 → $0.480+4.3%
May 5, 2025Raise$0.440 → $0.460+4.5%
Aug 4, 2023Raise$0.420 → $0.440+4.8%
Nov 5, 2021Raise$0.410 → $0.420+2.4%
May 3, 2019Raise$0.400 → $0.410+2.5%
Nov 3, 2017Raise$0.390 → $0.400+2.6%
Oct 29, 2015Raise$0.380 → $0.390+2.6%
Oct 31, 2013Raise$0.370 → $0.380+2.7%
Nov 3, 2011Raise$0.360 → $0.370+2.8%
Feb 4, 2010Raise$0.350 → $0.360+2.9%
Apr 30, 2009Cut$0.360 → $0.350−2.8%
Jan 29, 2009Raise$0.350 → $0.360+2.9%
Show all 37 changes since 1987
Ex-dateChangeOld → newMove
May 1, 2008Raise$0.340 → $0.350+2.9%
Nov 2, 2006Raise$0.320 → $0.340+6.3%
Nov 3, 2005Raise$0.300 → $0.320+6.7%
Feb 3, 2005Raise$0.280 → $0.300+7.1%
Apr 29, 2004Raise$0.260 → $0.280+7.7%
Jul 30, 2003Raise$0.240 → $0.260+8.3%
Oct 30, 2002Raise$0.220 → $0.240+9.1%
Jan 30, 2002Raise$0.210 → $0.220+4.8%
May 2, 2001Raise$0.190 → $0.210+10.5%
Aug 2, 2000Raise$0.180 → $0.190+5.6%
Nov 3, 1999Raise$0.160 → $0.180+12.5%
Feb 3, 1999Raise$0.140 → $0.160+14.3%
Jul 29, 1998Raise$0.120 → $0.140+16.7%
Jan 28, 1998Raise$0.100 → $0.120+20.0%
Oct 29, 1997Raise$0.0867 → $0.100+15.4%
Jan 15, 1997Raise$0.0767 → $0.0867+13.0%
Apr 17, 1996Raise$0.0667 → $0.0767+15.0%
Jul 19, 1995Raise$0.0567 → $0.0667+17.6%
Oct 17, 1994Raise$0.0500 → $0.0567+13.3%
Jan 14, 1994Raise$0.0467 → $0.0500+7.1%
Apr 12, 1993Raise$0.0433 → $0.0467+7.7%
Jul 13, 1992Raise$0.0400 → $0.0433+8.3%
Jul 15, 1991Raise$0.0367 → $0.0400+9.1%
Apr 16, 1990Raise$0.0333 → $0.0367+10.0%
Jul 13, 1987Raise$0.0292 → $0.0333+14.3%
Every WABC payment →Download every raise and cut (CSV)
WABC ex-dividend date & scheduleNext ex-date Nov 2, 2026 · full ex-dividend historyView →WABC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WABC a good dividend stock?

Yes. Westamerica Bancorporation (WABC) pays a quarterly dividend yielding 3.15% ($1.92/yr), with 36 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is WABC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WABC's fair value is about $61.71 versus a $61.40 share price — so it looks fairly valued (+1% vs. fair value).

Is WABC's dividend safe?

WABC has a dividend-safety grade of A (98/100), based on its payout coverage, free-cash-flow, 36-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is WABC's fair value?

Our blended fair-value estimate for WABC is about $61.71 per share, roughly 1% above the current $61.40 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WABC a buy, hold, or sell?

We don't issue formal ratings, but on the data WABC screens as "yes" and fairly valued. Westamerica Bancorporation (WABC) pays a quarterly dividend yielding 3.15% ($1.92/yr), with 36 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will WABC cut its dividend?

WABC earns a dividend-safety grade of A (98/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WABC pay a dividend?

Yes. Westamerica Bancorporation pays a quarterly dividend of about $1.92 per share annually, a forward yield of roughly 3.15%.

What is WABC's dividend yield?

As of Oct 30, 2026, WABC's forward dividend yield is 3.15%, based on a $1.92 annual dividend and a $61.40 share price.

What is WABC's dividend per share?

As of Oct 30, 2026, WABC pays $1.92 per share per year, distributed on a quarterly basis.

What is WABC's dividend payout ratio?

As of Oct 30, 2026, WABC's payout ratio is 41% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has WABC grown its dividend?

As of Oct 30, 2026, WABC has increased its dividend for 36 consecutive years.

When is the next WABC ex-dividend date?

As of Oct 30, 2026, the next ex-dividend date on record for WABC is Nov 2, 2026.

Income Calculator

At $1.92 / yr per share

Per payment (quarterly)$48.00
Annual$192.00
Monthly avg$16.00

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.95%Financial ServicesVVVisa Inc.0.67%Financial ServicesMAMAMastercard Incorporated0.57%Financial ServicesBACBACBank of America Corporation2.52%Financial Services

Compare WABC

WABC vs JPMWABC vs VWABC vs MAWABC vs BAC

Explore more

Lists and tools related to WABC