Central Valley Community (CVCY) Raises Quarterly Dividend 14.3% to $0.08; Approves $10M Buyback
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Central Valley Community Bancorp Increases Quarterly Cash Dividend and Announces Stock Repurchase Plan
July 19, 2018 4:00 PM EDTFRESNO, Calif.--(BUSINESS WIRE)-- The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), has declared an increase in its regular quarterly cash dividend to $0.08 per share on the Companys common stock. The dividend is payable on August 17, 2018 to shareholders of record as of August 3, 2018.
The Board of Directors of the Company also approved the adoption of a program to effect repurchases of the Companys common stock. Under the program, the Company may repurchase up to $10 million of the... More
