Banc of California (BANC) Declares $0.12 Quarterly Dividend; 2.1% Yield
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Banc of California Announces Quarterly Dividends
August 16, 2016 9:01 AM EDTIRVINE, Calif., Aug. 16, 2016 /PRNewswire/ -- 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 October 3, 2016 to stockholders of record as of September 15, 2016. Based on the trading price of $23.06 as of close of market on August 15, 2016, the cash dividend results in an annualized dividend yield of 2.08%.
Banc of California maintains a Dividend Reinvestment Plan (DRIP) which allows stockholders to automatically acquire shares at a 3% discount from the... More
