West Bancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
West Bancorp (NASDAQ:WTBA) has announced a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 25 cents lower. Shareholders who own WTBA as of the end of Monday's session are eligible to receive the dividend, which will be paid out on November 22, 2023.
November 02, 2023 | 2:45 pm
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West Bancorp's announcement of a 25 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which can lead to a short-term decrease in the stock price. However, this is a normal part of the dividend process and does not reflect negatively on the company's performance. Investors who hold the stock through the ex-dividend date will receive the dividend, providing them with income or additional capital to reinvest.
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