CVB Financial Corp. Rewards Shareholders with 140th Dividend
CVB Financial Corp. Declares 140th Consecutive Dividend
CVB Financial Corp. (NASDAQ: CVBF) recently announced a cash dividend of $0.20 per share, representing the company's 140th consecutive quarterly dividend. This announcement highlights the strength and stability of the company in a challenging economic environment. The payment is set to occur around mid-October for shareholders who are on record by the end of September.
What This Dividend Means for Shareholders
The decision to issue a quarterly dividend is a significant indicator of a company's financial health. David A. Brager, President and Chief Executive Officer, expressed pride in maintaining consistent dividend payments, illustrating the firm's commitment to returning value to its shareholders.
Corporate Overview of CVB Financial Corp.
CVB Financial Corp. acts as the parent company for Citizens Business Bank, one of California's top bank holding firms, managing assets exceeding $15 billion. This financial strength is complemented by its network of over 60 banking centers and three trust offices across the state. Citizens Business Bank is widely recognized for delivering excellent customer service and a diverse range of banking products.
Investment Perspectives on CVBF
For potential investors and existing shareholders, the steady dividend payments provide a reliable source of income. The stock's performance on NASDAQ under the ticker CVBF attracts many investors looking for stable returns in their portfolios. Maintaining this dividend streak not only enhances shareholder confidence but also reflects the company's operational efficiency.
How to Stay Informed About CVB Financial Corp.
Investors interested in following CVB Financial Corp.'s developments and updates are encouraged to visit the official Citizens Business Bank website and explore the dedicated investors' section for detailed financial reports and announcements.
Frequently Asked Questions
What is the amount of the latest dividend declared by CVB Financial Corp.?
The latest dividend declared is $0.20 per share.
How long has CVB Financial Corp. been paying dividends?
CVB Financial Corp. has been paying dividends for 140 consecutive quarters.
When is the dividend expected to be paid?
The dividend is expected to be paid around October 14 for shareholders recorded by September 30.
What services does Citizens Business Bank offer?
Citizens Business Bank offers a wide range of banking, lending, and investment services to its customers.
Where can I find more information about CVB Financial Corp.?
More information about CVB Financial Corp. can be found on the Citizens Business Bank website under the investor relations section.
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