Banc of California (BANC) Declares $0.12 Quarterly Dividend; 4.5% Yield

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Go back to Banc of California (BANC) Declares $0.12 Quarterly Dividend; 4.5% Yield

Banc of California, Inc. Announces Quarterly Common Stock Dividend

June 2, 2015 9:01 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Banc of California, Inc. (NYSE: BANC), today announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend will be payable on July 1, 2015 to stockholders of record as of June 15, 2015. Based on the trading price of $12.97 as of close of market on May 29, 2015, the cash dividend results in an annualized dividend yield of 3.70%.

This will be the seventeenth cash dividend that is... More