West Bancorporation, Inc. (NASDAQ:WTBA) to Issue Quarterly Dividend of $0.25

West Bancorporation, Inc. (NASDAQ:WTBA - Get Free Report) declared a quarterly dividend on Wednesday, April 24th, Zacks reports. Stockholders 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 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Tuesday, May 7th.

West Bancorporation has raised its dividend by an average of 6.0% annually over the last three years. West Bancorporation has a payout ratio of 64.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect West Bancorporation to earn $1.55 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 64.5%.

West Bancorporation Stock Up 0.6 %

NASDAQ WTBA traded up $0.10 during trading hours on Friday, reaching $16.71. 24,410 shares of the company's stock were exchanged, compared to its average volume of 26,777. 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 capitalization of $279.56 million, a price-to-earnings ratio of 11.60 and a beta of 0.91. The company's 50-day moving average is $17.09 and its two-hundred day moving average is $18.06. West Bancorporation has a one year low of $15.04 and a one year high of $22.39.

West Bancorporation (NASDAQ:WTBA - Get Free Report) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.04). West Bancorporation had a net margin of 14.17% and a return on equity of 11.19%. The company had revenue of $18.26 million during the quarter, compared to analyst estimates of $18.82 million. On average, analysts forecast that West Bancorporation will post 1.15 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, TheStreet cut West Bancorporation from a "b-" rating to a "c+" rating in a report on Tuesday, February 6th.

About West Bancorporation

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.