CVB Financial Corp. in Ontario has announced an eighteen-cent-per-share cash dividend for the fourth quarter.
The dividend was approved by the board of directors Thursday, and will be payable on or about Jan. 17 to all shareholders of record as of Jan. 3, according to a statement.
This is the 121st consecutive quarter that CVB Financial, the holding company for Citizens Business Bank, will pay a cash dividend to its shareholders, said Christopher D. Myers, the financial institution’s president and chief executive officer, in the statement.
CVB Financial is one of the 10 largest bank holding companies headquartered in California, with more than $11 billion in total assets. Citizens Business Bank has 58 banks and three trust offices in Southern and Central California, according to the statement.