CVB Financial As of September 23, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
CVBF $0.80 11.1% 0.0% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Regional Bank 3.1% N/A N/A Quarter N/A
CVB Financial logo | source: company investor presentation
CVB Financial logo | source: company investor presentation

On September 22, 2022, CVB Financial Corp (CVBF) announced a 5.3% dividend hike to $0.20 quarterly per share. This is the second hike announced by CVBF in 2022 and comes after a 5.6 percent dividend increase to $0.19 quarterly per share. 

This represents the company’s 132nd consecutive quarterly cash dividend. The next quarterly CVBF dividend will be payable on or about October 20, 2022 to shareholders of record as of October 5, 2022. A new annual dividend rate of 80 cents yields 3.0% at a stock price of $26.17.

CVF Financial (CVBF) Dividend history & statistics
Company name CVB Financial Corp
Ticker symbol CVBF
ISIN-code US1266001056
company website http://www.snl.com
Sector Financials
Business Regional Bank
Dividend paid since 1989
Track record (years increased) 1
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 7.4%
Next dividend per share $0.20
Annual dividend per share $0.80
Dividend yield* 3.0%
Stock price* $26.21
YTD Total Return* 26.2%
Next ex-dividend date October 4, 2022
Next payment date October 20, 2022
Market cap (in $B)* 3.66
Total dividend (in $B) 0.11
© www.dividendhike.com *As of September 23, 2022

“Our Company’s strong levels of capital and liquidity, combined with our remarkable history of 181 consecutive quarters of profitability, has allowed us to pay cash dividends to our shareholders for 132 consecutive quarters,” said David A. Brager, President and Chief Executive Officer. “We are pleased to be increasing our quarterly dividend by 5%. We believe this higher dividend, combined with our common stock repurchase plan, demonstrate our continuing commitment to provide strong returns to our shareholders.”

CVB Financial Corp. is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with over $11 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services through 62 banking centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 30 PKG 4.4% 0.0%
Sep 30 O 4.8% 0.6%
Sep 30 STT 4.0% 10.5%
Sep 30 RJF 1.3% 0.0%
Sep 30 CAH 3.0% 1.0%
Sep 30 VTR 4.1% 0.0%
Sep 30 APD 2.8% 8.0%
Sep 30 RSG 1.3% 0.0%
Oct 03 A 0.7% 0.0%
Oct 03 DG 0.9% 31.0%