Preferred Bank (PFBC) Declares $0.75 Quarterly Dividend; Announces Stock Buyback

Preferred Bank (NASDAQ: PFBC) declared a quarterly dividend of $0.75 per share, or $3 annualized.

The dividend will be payable on July 22, 2025, to stockholders of record on July 8, 2025, with an ex-dividend date of July 7, 2025.

Also announced: the Board of Directors has received regulatory approval to implement its recently announced $125 million stock repurchase plan which was approved by shareholders in May. Preferred Bank is not a Securities & Exchange Commission (“SEC”) registrant, therefore the Bank requires regulatory approval prior to repurchasing its own common stock. The Board of Directors has approved the first tranche of repurchases which will consist of $50 million in buybacks. The stock purchases will be made from time to time in the open market.

The annual yield on the dividend is 3.7 percent.

For a dividend history and other dividend-related data on Preferred Bank (PFBC) click here.

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