Banc of California (BANC) Declares $0.12 Quarterly Dividend; 4.5% Yield
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Banc of California Announces Quarterly Common Stock Dividend
November 30, 2015 4:22 PM ESTIRVINE, 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 January 4, 2016 to stockholders of record as of December 15, 2015. Based on the trading price of $15.23 as of close of market on November 27, 2015, the cash dividend results in an annualized dividend yield of 3.15%.
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