Westamerica boosts quarterly dividend to 48c from 46c per share

Westamerica (WABC) declared a quarterly cash dividend of 48c per share, which represents a 2c per share increase from the prior quarter. The dividend goes to shareholders of record at the close of business May 4, and is payable on May 15. Chairman, President and CEO David Payne stated, “This increase in the quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative risk profile.”