West Bancorporation, Inc. (NASDAQ:WTBA – Get Free Report) announced a quarterly dividend on Wednesday, April 24th, Zacks reports. Investors of record on Wednesday, May 8th will be given a dividend of 0.25 per share by the financial services provider on Wednesday, May 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Tuesday, May 7th.
West Bancorporation has increased its dividend payment by an average of 6.0% per year over the last three years. West Bancorporation has a payout ratio of 66.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect West Bancorporation to earn $1.50 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 66.7%.
West Bancorporation Stock Up 0.6 %
WTBA opened at $17.28 on Friday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market cap of $290.48 million, a price-to-earnings ratio of 13.09 and a beta of 0.93. West Bancorporation has a one year low of $15.04 and a one year high of $22.39. The business’s fifty day moving average is $17.01 and its two-hundred day moving average is $18.10.
Analyst Ratings Changes
Get Our Latest Research Report on West Bancorporation
West Bancorporation Company Profile
West Bancorporation, Inc operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit.
Featured Stories
- Five stocks we like better than West Bancorporation
- Most Volatile Stocks, What Investors Need to Know
- MarketBeat Week in Review – 4/29 – 5/3
- 5 discounted opportunities for dividend growth investors
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Receive News & Ratings for West Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.