IE Business Daily Business news for the Inland Empire.
CVB Financial Corp. has announced a 12-cent-per-share cash dividend for the fourth quarter of last year.
That marked the 105th consecutive quarter the Ontario-based company reported a positive cash dividend, according to a statement.
The dividend was approved by CVB Financial’s board of directors at its regular meeting. It will be payable in January to anyone who is a CVB Financial shareholder-of-record at the end of this month.
CVB Financial is the holding company for Citizens Business Bank, which serves all of Southern California and is the ninth-largest bank headquartered in the state.
Citizens Business Bank has assets of approximately $7.6 billion. It was recently named one of the top five performing banks among banks with $5 billion to $50 billion in assets by Bank Director magazine.
