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CVB Financial announces 120th straight cash dividend

CVB Financial Corp., the parent company of Citizens Business Bank, has announced 18 cents per share cash dividend for the third quarter.

The Ontario-based financial institution has paid a cash dividend to its shareholders for 120 consecutive quarters, according to a statement. 

The dividend was approved Wednesday at the regular board of directors meeting. It will be payable on or about October 17 to all shareholders of record as of October 2.

CVB Financial is the holding company for Citizens Business Bank. It’s one of the largest bank-holding companies based in California, with more than $11 billion in assets.

CVB Financial has 58 banking centers and three trust offices throughout Southern and Central California, according to the statement.

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