Ontario-based CVB Financial Corp. has announced an 18-cent-per-share cash dividend for the second quarter of this year.
This is the 119th consecutive quarter the Ontario-based financial institution will have approved a cash dividend for its shareholders, according to a statement.
This dividend will be payable on or about July 18 to all shareholders of record as of July 3. CVB Financial’s board of directors voted in favor of the dividend earlier this month.
CVB Financial is the holding company for Citizens Business Bank. It is one of the 10 largest bank holding companies based in California, with more than $11 billion in assets, according to the statement.