IE Business Daily Business news for the Inland Empire.
Ontario-based CVB Financial Corp. has announced a 20-cent-per-share dividend for the fourth quarter.
That marked the 141st consecutive quarter that CVB Financial, the holding company of Citizens Business Bank, had paid a dividend to its shareholders, according to the financial institution’s most recent quarterly report.
The quarterly dividend will be payable on or about Jan. 15, 2025 to shareholders of record as of Dec. 31, 2024.
“We are pleased to announce our 141st consecutive quarterly cash dividend paid to our shareholders,” said David A. Brager, CVB Financial’s president and chief executive officer, in the statement.
CVB Financial is one of the 10 largest bank holding companies based in California, with more than $15 billion in assets. Citizens Business Bank has more than 60 bank offices and three trust offices in California, according to the statement.
