CVB Financial Corp. Announces 128th Consecutive Cash Dividend
CVB Financial Corp. (NASDAQ: CVBF) announced a cash dividend of $0.18 per share for Q3 2021, approved on September 22, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CVB Financial Corp. (NASDAQ: CVBF) announced a cash dividend of $0.18 per share for Q3 2021, approved on September 22, 2021. This dividend will be payable on approximately October 21, 2021 to shareholders of record as of October 6, 2021. With a history of 177 consecutive quarters of profitability, the company has maintained cash dividends for 128 quarters, highlighting its strong capital and liquidity positions.
Positive
- Announcement of $0.18 per share cash dividend for Q3 2021.
- 177 consecutive quarters of profitability supporting dividend payments.
- 128 consecutive quarters of cash dividends, indicating financial stability.
Negative
- None.
Details
News Market Reaction – CVBF
The recorded move for CVBF in the trading session of this news was +2.26%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ONTARIO, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced an eighteen cent (
“The Company’s strong levels of capital and liquidity, combined with its history of 177 consecutive quarters of profitability, has allowed us to pay cash dividends to our shareholders for 128 consecutive quarters,” said David A. Brager, Chief Executive Officer.
Corporate Overview
CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with over
Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information on CVBF, visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.
Contact: David A. Brager
Chief Executive Officer
(909) 980-4030
FAQ
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