Banc of California cuts dividend by 53.8 percent in 2019 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Banc of California	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Banc of California	BANC	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Banc of California cuts dividend by 53.8%

Thursday 16 May 2019

Banc of California Inc (BANC) will reduce its quarterly dividend by 53.8 percent from $0.13 to $0.06 per share in 2019. The financial holding company, with 32 offices in California, last raised its dividend 2016.

The next dividend will be payable on July 1, 2019 to stockholders of record as of June 17, 2019. A new annual rate of 24 cents per share yields 1.7% at a stock price of $13.88.

Banc of California, Inc. is a financial holding company and the parent of Banc of California, National Association. Banc of California provides banking services to businesses, entrepreneurs and communities in California. The company operates offices in California and the West with full service branches in San Diego, Orange, Santa Barbara, and Los Angeles.

Banc of California

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