dividend
confidence high
sentiment positive
materiality 0.50
Banc of California raises quarterly common dividend 20% to $0.12/share
BANC OF CALIFORNIA, INC.
- Quarterly common dividend increased 20% to $0.12 per share, payable April 1, 2026.
- Record date for common dividend is March 16, 2026.
- Series F preferred dividend of $0.4845 per depositary share declared, payable March 2, 2026.
- CEO cites strength of financial performance and confidence in earnings outlook.
- Company maintains DRIP allowing common stockholders to reinvest at a 3% discount.