Preferred Bank (PFBC) Raises Quarterly Dividend 13.6% to $0.25; 1.6% Yield

Preferred Bank Increases Quarterly Cash Dividend

LOS ANGELES, June 27, 2018 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the diversified California market, today reported that the Board of Directors has increased the quarterly cash dividend by $0.03 from $0.22 per share to $0.25 per share, representing a 13.6% increase. The increase reflects the growing earnings of the Bank and is consistent with the Banks traditional dividend... More