CVB Financial Corp. Declares 144th Quarterly Cash Dividend
CVB Financial Corp. (the "Company") is excited to share that it has declared a cash dividend of twenty cents ($0.20) per share for the third quarter. This decision was made during a recent Board of Directors meeting. The company has a proud tradition of rewarding its shareholders, and this marks the 144th consecutive quarterly cash dividend.
Steady Growth and Financial Stability
CEO David A. Brager expressed his satisfaction with the continual dividend payments, highlighting the company's strong performance. This announcement reaffirms CVB Financial’s commitment to providing shareholder value through consistent dividends, an excellent sign of its financial health and operational effectiveness.
About CVB Financial Corp.
CVB Financial Corp. serves as the holding entity for Citizens Business Bank, which is a leading financial institution in California. Not only is it one of the top ten bank holding companies in the state, but it also manages over $15 billion in assets. Citizens Business Bank is known for its outstanding services in banking, lending, and investment, operating more than 60 banking centers and three trust offices across the region.
The Importance of Investor Confidence
With the current economic climate, maintaining investor confidence is crucial. The decision to continue paying dividends reflects the company's dedication to financial responsibility and the desire to maintain healthy relationships with its investors.
Shareholder Information and Future Prospects
Shareholders can expect to receive this dividend on or about October 16, payable to those registered by October 1. This ongoing commitment to dividend payment can instill confidence in existing shareholders while attracting potential investors eager for reliable returns.
Contact Details for Investor Relations
For further inquiries or investor-related questions, shareholders and interested parties can contact David A. Brager, the President and Chief Executive Officer, at (909) 980-4030. It's important for investors to remain engaged and informed about the company’s performance and strategic direction.
Frequently Asked Questions
What is the latest dividend declared by CVB Financial Corp.?
The latest declared dividend is twenty cents ($0.20) per share, marking the 144th consecutive quarterly payment.
When will the dividend be paid out?
The dividend will be payable on or about October 16 to shareholders registered by October 1.
Who is the CEO of CVB Financial Corp.?
The CEO is David A. Brager, who emphasizes the importance of shareholder returns.
What services does Citizens Business Bank provide?
Citizens Business Bank offers a variety of services including banking, lending, and investment solutions.
How can investors get more information?
Investors can reach out to the company's investor relations contact, David A. Brager, at (909) 980-4030.
