Tuesday , January 18 2022
cash dividend

CVB Financial announces 129th straight dividend

CVB Financial Corp., in Ontario has announced an 18-cent per share dividend for the fourth quarter of this year.

That dividend, approved by the board of directors last week, will be payable to shareholders of record as of Dec. 29, according to a statement on CVB Financial’s website.

Payments will be available on or about Jan. 12 of next year. This is the 129th consecutive quarter CVB Financial, the holding company for Citizens Business Bank, has paid a dividend to its 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 $16 billion in assets. Its stock is traded on NASDAQ.

Citizens Business Bank has 58 banking centers and three trust offices that serve the Inland Empire, Central Valley and Los Angeles, Orange, San Diego, Ventura and Santa Barbara counties, according to the statement.

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