Westamerica Stock To Go Ex-dividend Tomorrow (WABC)

NEW YORK ( TheStreet) -- The ex-dividend date for Westamerica (Nasdaq: WABC) is tomorrow, February 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $46.86 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Westamerica has been 223,200 shares per day over the past 30 days. Westamerica has a market cap of $1.29 billion and is part of the financial sector and banking industry. Shares are up 5.3% year to date as of the close of trading on Tuesday.

Westamerica Bancorporation operates as the holding company for Westamerica Bank that provides various banking services to individual and corporate customers in northern and central California. The company has a P/E ratio of 15.1, above the average banking industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Westamerica as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Westamerica Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit