Westamerica Bancorp's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Westamerica Bancorp (NASDAQ:WABC) announced a quarterly dividend of 44 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the dividend, which will be paid on February 16, 2024. The stock is expected to open 44 cents lower on the ex-dividend date.
January 30, 2024 | 2:45 pm
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Westamerica Bancorp will pay a quarterly dividend of 44 cents per share, with the ex-dividend date being this Friday. The stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to decrease in the short term by the amount of the dividend, which is a common occurrence on ex-dividend dates. This is a mechanical adjustment and does not reflect a change in the company's fundamentals.
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