CMUV Bancorp Announces 20% Increase in the Quarterly Cash Dividend

Rhea-AI Summary

CMUV Bancorp has announced a 1st Quarter cash dividend of $0.10 per common share, set to be paid on March 31, 2021. Shareholders of record as of March 10, 2021 will receive this dividend, which reflects a $0.02 increase from previous quarterly dividends. This decision highlights the company's commitment to returning value to its investors while maintaining a steady dividend growth strategy.

Positive

• Dividend increase to $0.10 per share, signaling growth.
• Demonstrates commitment to shareholder value.

Negative

• None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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El Centro, CA, Feb. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- The Board of Directors of CMUV Bancorp, the bank holding company for Community Valley Bank, has approved $0.10 1st Quarter cash dividend per common share.  The dividend will be payable on March 31, 2021 to all shareholders of record on March 10, 2021. This is a $0.02 increase from previous quarterly dividends.

Jon A Edney
760-352-1889
mediarelations@yourcvb.com

FAQ

What is the dividend amount for CMUV?

The dividend amount is $0.10 per common share.

When will the CMUV dividend be paid?

The dividend will be paid on March 31, 2021.

What is the record date for the CMUV dividend?

The record date for the dividend is March 10, 2021.

How does the CMUV dividend compare to previous dividends?

The current dividend reflects a $0.02 increase from previous quarterly dividends.