West Coast Community Bancorp raises quarterly dividend 16% to 29 cents
West Coast Community Bancorp raises its quarterly dividend 16% to 29 cents a share, a 1.9% annual yield at Monday's close, payable November 6.
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what happened
West Coast Community Bancorp has lifted its quarterly payout by 16%, moving it to 29 cents per share from 25 cents, according to Dow Jones Newswires. On an annual basis the new amount totals $1.16, which works out to a yield of 1.9% at Monday's closing share price of $60.31. Shareholders registered as of November 2 will receive the payment on November 6.
why it matters
The move affects one small lender, so its effect on the broader market is limited. For income investors tracking bank stocks, the size of the increase and the resulting 1.9% yield are the key figures.
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sources
- West Coast Community Bancorp Ups Dividend by 16% — Dow Jones Newswires, 19 October 2026 at 21:28 UTC
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