Preferred Bank (PFBC) Raises Quarterly Dividend 7.1% to $0.75; 3.4% Yield
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Preferred Bank Announces Dividend Increase
December 26, 2024 4:04 PM ESTLOS ANGELES, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has increased the quarterly cash dividend to $0.75 per share from the previous $0.70 per share, an increase of 7.1%. The dividend is payable on January 23, 2025 to holders of record on January 9, 2025.
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