Pacific City Financial Corporation (PCB) Raises Quarterly Dividend 25% to $0.10; 0.6% Yield
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Pacific City Financial Corporation (NASDAQ: PCB) declared a quarterly dividend of $0.10 per share. This is a 25% increase from the prior dividend of $0.08.
The dividend will be payable on March 13, 2020, to stockholders of record on February 28, 2020, with an ex-dividend date of March 16, 2020.
The annual yield on the dividend is 0.6 percent.
“I am pleased to announce another increase in our quarterly cash dividend to $0.10 per common share from $0.08 per common share for the fourth quarter of 2019,” said Henry Kim, President and Chief Executive Officer. “We are committed to making corporate decisions that directly benefit our shareholders.”
For a dividend history and other dividend-related data on Pacific City Financial Corporation (PCB) click here.
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