Preferred Bank (PFBC) Raises Quarterly Dividend 20% to $0.30; 2.6% Yield

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Go back to Preferred Bank (PFBC) Raises Quarterly Dividend 20% to $0.30; 2.6% Yield

Preferred Bank Increases Quarterly Cash Dividend

December 6, 2018 4:01 PM EST

LOS ANGELES, Dec. 06, 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 declared a quarterly cash dividend of $0.30 per share. This represents an increase of $0.05 per share or 20% over the prior quarterly dividend and reflects the continued growth in earnings of Preferred Bank. The dividend is... More