Preferred Bank (PFBC) Raises Quarterly Dividend 10% to $0.22; 1.5% Yield

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Preferred Bank Increases Quarterly Cash Dividend

December 26, 2017 4:05 PM EST

LOS ANGELES, Dec. 26, 2017 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the diversified California market, today reported that the Board of Directors has declared a quarterly cash dividend of $0.22 per share. This represents an increase of $0.02, or 10% over the previous quarterly dividend. The dividend is payable on January 22, 2018 to holders of record on January... More