Inland holding company posts another solid quarter

By on January 3, 2018

CVB Financial Corp. recently announced a 14-cent per share cash dividend for the fourth quarter of 2017.

The dividend, which was approved by the board of directors last month, is expected to be payable on or about Jan. 22, according to a statement.

All shareholders of record as of Jan. 5 will be eligible to receive the payment.

This is the 113th consecutive quarter that CVB Financial will reward its shareholders with a dividend, said Christopher D. Myers, CVB Financial’s president and chief executive officer, in the statement.

Based in Ontario, CVB Financial is the holding company for Citizens Business Bank.

It’s the ninth-largest bank holding company based in California, with assets of approximately $8.3 billion, and it operates 50 banking centers and three trust offices in Southern and Central California, according to the statement.