Preferred Bank (PFBC) Raises Quarterly Dividend 27.9% to $0.55; 3.1% Yield
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Preferred Bank Increases Quarterly Cash Dividend
December 15, 2022 5:16 PM ESTLOS ANGELES, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on January 20, 2023 to holders of record on January 6, 2023. This dividend represents an increase of 28% over the previous dividend level of $0.43 per share.
Chairman and CEO Li Yu commented, We are... More
