Pacific City Financial Corporation (PCB) Raises Quarterly Dividend 66.7% to $0.05; 1.3% Yield

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Pacific City Financial Corporation Increases Quarterly Cash Dividend by 67%

January 25, 2019 4:05 PM EST

LOS ANGELES--(BUSINESS WIRE)-- Pacific City Financial Corporation (the Company) (NASDAQ: PCB), the holding company of Pacific City Bank, announced that on January24, 2019, its Board of Directors declared a quarterly cash dividend of $0.05 per common share, up 66.7% from $0.03 per share in the prior quarter. The dividend will be paid on or about March15, 2019, to shareholders of record as of the close of business on February28, 2019.

I am pleased to announce our sixteenth consecutive quarterly cash dividend and an increase in that cash dividend to $0.05 per share, said Mr. Henry Kim, President and Chief Executive... More