Banc of California (BANC) Declares $0.13 Quarterly Dividend; 2.8% Yield

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Go back to Banc of California (BANC) Declares $0.13 Quarterly Dividend; 2.8% Yield

Banc of California Announces Quarterly Dividends

August 18, 2017 4:10 PM EDT

SANTA ANA, Calif., Aug. 18, 2017 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock.  The dividend will be payable on October 2, 2017 to stockholders of record as of September 15, 2017.  Based on the trading price of $18.58 as of close of market on August 17, 2017, the cash dividend results in an annualized dividend yield of 2.80%.

Banc of California maintains a Dividend Reinvestment Plan (DRIP) which allows stockholders to automatically acquire shares at a 3% discount from the applicable... More