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CVB Financial has another solid quarter

Ontario-based CVB Financial Corp. has announced a cash dividend of 12 cents per share for the first quarter of 2017.

The dividend, which is CVB Financial’s 110th consecutive quarterly cash dividend, was approved by the company’s board of directors on Wednesday, according to a statement.

It will be payable on or about April 19 to all shareholders of record as of April 5.

CVB Financial Corp. is the holding company for Citizens Business Bank. It’s the ninth-largest bank holding company based in California with approximately $8.5 billion in assets.

Citizens Business bank has nearly 60 banks, financial centers and trust offices throughout Central and Southern California, according the statement.

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