BBCN Bancorp (BBCN) Raises Quarterly Dividend 10% to $0.11; 2.9% Yield

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BBCN Bancorp Increases Quarterly Cash Dividend to $0.11 Per Share

July 20, 2015 5:08 PM EDT

LOS ANGELES, July 20, 2015 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (NASDAQ: BBCN) today announced that its Board of Directors approved a 10% increase in the quarterly cash dividend to $0.11 per share from $0.10 per share. The dividend is payable on or about August 14, 2015 to all stockholders of record as of the close of business on July 31, 2015.

"We are pleased to announce our third consecutive annual increase in our cash dividend per share, underscoring our Board's commitment to enhancing shareholder returns," said Chairman and Chief Executive Officer Kevin S. Kim. "We are in the... More

BBCN Bancorp Increases Quarterly Cash Dividend to $0.11 Per Share

July 20, 2015 5:08 PM EDT

LOS ANGELES, July 20, 2015 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (NASDAQ: BBCN) today announced that its Board of Directors approved a 10% increase in the quarterly cash dividend to $0.11 per share from $0.10 per share. The dividend is payable on or about August 14, 2015 to all stockholders of record as of the close of business on July 31, 2015.

"We are pleased to announce our third consecutive annual increase in our cash dividend per share, underscoring our Board's commitment to enhancing shareholder returns," said Chairman and Chief Executive Officer Kevin S. Kim. "We are in the... More