ONTARIO, Calif.–(BUSINESS WIRE)–CVB Monetary Corp. (NASDAQ: CVBF) introduced an eighteen cent ($0.18) per share money dividend with respect to the second quarter of 2020. The dividend was permitted on the recurrently scheduled Board of Administrators assembly held on June 24, 2020. The dividend will probably be payable on or about July 23, 2020 to shareholders of file as of July 9, 2020.
“The Firm’s sturdy ranges of capital and liquidity, mixed with its historical past of 172 consecutive quarters of profitability, has allowed us to pay money dividends to our shareholders for 123 consecutive quarters,” mentioned David A. Brager, Chief Government Officer.
CVB Monetary Corp. (“CVBF”) is the holding firm for Residents Enterprise Financial institution. CVBF is likely one of the 10 largest financial institution holding firms headquartered in California with over $11 billion in whole property. Residents Enterprise Financial institution is constantly acknowledged as one of many high performing banks within the nation and provides a big selection of banking, lending and investing providers via 58 banking facilities and three belief workplace places serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley space of California.
Shares of CVB Monetary Corp. frequent inventory are listed on the NASDAQ below the ticker image “CVBF”. For investor info on CVBF, go to our Residents Enterprise Financial institution web site at www.cbbank.com and click on on the “Investors” tab.