Pacwest Bancorp (PACW) Raises Quarterly Dividend 20% to $0.60; 4.6% Yield

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PacWest Bancorp Announces Increased Quarterly Dividend

April 24, 2018 4:40 PM EDT

LOS ANGELES, April 24, 2018 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) announced today that its Board of Directors has declared a quarterly cash dividend of $0.60 per common share, an increase from $0.50 per common share declared last quarter. The cash dividend is payable on May 31, 2018 to stockholders of record at the close of business on May 21, 2018. 

Matt Wagner, President and CEO of... More