Preferred Bank (PFBC) will raise its quarterly dividend by 20 percent from $0.15 to $0.18 per share in the first quarter of 2017.
The dividend is payable on January 20, 2017 to holders of record on January 6, 2017.
Preferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals.