Banc of California (BANC) Declares $0.13 Quarterly Dividend; 2.5% Yield

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Go back to Banc of California (BANC) Declares $0.13 Quarterly Dividend; 2.5% Yield

Banc of California Announces Quarterly Dividends

November 17, 2017 5:19 PM EST

SANTA ANA, Calif., Nov. 17, 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 January 2, 2018 to stockholders of record as of December 15, 2017.  Based on the trading price of $20.55 as of close of market on November 16, 2017, the cash dividend results in an annualized dividend yield of 2.53%.

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