Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of December 31, 2020, the company operated 29 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.
Banc of California Dividend Announcement
• Banc of California announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-16
• Banc of California annual dividend for 2024 was $0.40
• Banc of California annual dividend for 2023 was $0.40
• Banc of California's trailing twelve-month (TTM) dividend yield is 3.07%
• Banc of California's payout ratio for the trailing twelve months (TTM) is -39.54%
• Banc of California's dividend growth over the last five years (2018-2023) was -5.11% year
• Banc of California's dividend growth over the last ten years (2013-2023) was -1.81% year
Banc of California Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-16 | $0.10 | quarterly | 2025-01-02 |
| 2024-09-16 | $0.10 | quarterly | 2024-10-01 |
| 2024-06-14 | $0.10 | quarterly | 2024-07-01 |
| 2024-03-14 | $0.10 | quarterly | 2024-04-01 |
| 2023-12-14 | $0.10 | quarterly | 2024-01-02 |
| 2023-09-14 | $0.10 | quarterly | 2023-10-02 |
| 2023-06-14 | $0.10 | quarterly | 2023-07-03 |
| 2023-03-14 | $0.10 | quarterly | 2023-04-03 |
| 2022-12-14 | $0.06 | quarterly | 2023-01-03 |
| 2022-09-14 | $0.06 | quarterly | 2022-10-03 |
| 2022-06-14 | $0.06 | quarterly | 2022-07-01 |
| 2022-03-14 | $0.06 | quarterly | 2022-04-01 |
| 2021-12-14 | $0.06 | quarterly | 2022-01-03 |
| 2021-09-14 | $0.06 | quarterly | 2021-10-01 |
| 2021-06-14 | $0.06 | quarterly | 2021-07-01 |
| 2021-03-12 | $0.06 | quarterly | 2021-04-01 |
| 2020-12-14 | $0.06 | quarterly | 2021-01-04 |
| 2020-09-14 | $0.06 | quarterly | 2020-10-01 |
| 2020-06-12 | $0.06 | quarterly | 2020-07-01 |
| 2020-03-13 | $0.06 | quarterly | 2020-04-01 |
| 2019-12-17 | $0.06 | quarterly | 2020-01-02 |
| 2019-09-13 | $0.06 | quarterly | 2019-10-01 |
| 2019-06-14 | $0.06 | quarterly | 2019-07-01 |
| 2019-03-14 | $0.13 | quarterly | 2019-04-01 |
| 2018-12-14 | $0.13 | quarterly | 2019-01-02 |
| 2018-09-13 | $0.13 | quarterly | 2018-10-01 |
| 2018-06-14 | $0.13 | quarterly | 2018-07-02 |
| 2018-03-14 | $0.13 | quarterly | 2018-04-02 |
| 2017-12-14 | $0.13 | quarterly | 2018-01-02 |
| 2017-09-14 | $0.13 | quarterly | 2017-10-02 |
| 2017-06-13 | $0.13 | quarterly | 2017-07-03 |
| 2017-03-13 | $0.13 | quarterly | 2017-04-03 |
| 2016-12-13 | $0.13 | quarterly | 2017-01-03 |
| 2016-09-13 | $0.12 | quarterly | 2016-10-03 |
| 2016-06-13 | $0.12 | quarterly | 2016-07-01 |
| 2016-03-11 | $0.12 | quarterly | 2016-04-01 |
| 2015-12-11 | $0.12 | quarterly | 2016-01-04 |
| 2015-09-10 | $0.12 | quarterly | 2015-10-01 |
| 2015-06-11 | $0.12 | quarterly | 2015-07-01 |
| 2015-03-11 | $0.12 | quarterly | 2015-04-01 |
| 2014-12-11 | $0.12 | quarterly | 2015-01-02 |
| 2014-09-10 | $0.12 | quarterly | 2014-10-01 |
| 2014-06-11 | $0.12 | quarterly | 2014-07-01 |
| 2014-03-12 | $0.12 | quarterly | 2014-04-01 |
| 2013-12-18 | $0.12 | quarterly | 2014-01-02 |
| 2013-09-12 | $0.12 | quarterly | 2013-10-01 |
| 2013-06-13 | $0.12 | quarterly | 2013-07-01 |
| 2013-03-14 | $0.12 | quarterly | 2013-04-01 |
Banc of California Dividend per year
Banc of California Dividend growth
Banc of California Dividend Yield
Banc of California current trailing twelve-month (TTM) dividend yield is 3.07%. Interested in purchasing Banc of California stock? Use our calculator to estimate your expected dividend yield:
Banc of California Financial Ratios
P/E ratio-6.66
PEG ratio1.26
P/B ratio0.79
ROE-12.07%
Payout ratio-39.54%
Current ratio0.20
Quick ratio0.20
Cash Ratio0.02
Banc of California Dividend FAQ
How much is the next Banc of California dividend?
Banc of California's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Banc of California dividend. The next Banc of California dividend will be released in March, June, September, or December.
When is Banc of California dividend paid?
Banc of California pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Banc of California pay?
The specific amount of Banc of California dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Banc of California's dividend history.
Does Banc of California stock pay dividends?
Yes, Banc of California does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Banc of California's dividend history.
How much dividend does Banc of California pay?
Banc of California paid $0.4 in 2024, $0.4 in 2023, $0.24 in 2022, $0.24 in 2021, and $0.24 in 2020.
How often does Banc of California pay dividends?
Banc of California typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Banc of California's dividend yield?
The current dividend yield for Banc of California is 3.07%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Banc of California's exact dividend yield.
When does Banc of California go ex dividend?
Banc of California's ex-dividend date for the latest dividend was on 2024-12-16. Banc of California typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Banc of California dividend paid?
Banc of California pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Banc of California increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Banc of California will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Banc of California dividend per share?
Banc of California paid $0.4 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that Banc of California pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Banc of California a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Banc of California a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Banc of California a dividend stock?
Yes, Banc of California is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Banc of California a good dividend stock?
Whether Banc of California is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Banc of California has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Banc of California as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Banc of California as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Banc of California pay dividends monthly?
Banc of California typically pays dividends on a quarterly basis.
Does Banc of California pay dividends quarterly?
Banc of California currently pays dividends on a quarterly basis.
Has Banc of California ever paid a dividend?
Yes, Banc of California has a history of paying dividends to its shareholders. Banc of California is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Banc of California dividend stocks?
To buy Banc of California you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Banc of California stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Banc of California stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Banc of California pay dividends 2024?
Banc of California pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Banc of California increase its dividend in 2024?
Decisions regarding Banc of California dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Banc of California dividend overview you can look into the above table of dividend history.
How Banc of California dividend works?
The Banc of California dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Banc of California's dividend process works:
1. Determination of Dividend: Banc of California's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Banc of California publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Banc of California distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Banc of California are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Banc of California's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Banc of California publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Banc of California distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Banc of California are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Banc of California dividends paid?
Banc of California dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Banc of California sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Banc of California distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Banc of California declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Banc of California sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Banc of California distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Banc of California declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Banc of California pay dividends?
Banc of California typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Banc of California pay dividends?
The general pattern is that Banc of California pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Banc of California dividend safe?
The safety of Banc of California's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Banc of California's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Banc of California's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Banc of California's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Banc of California's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.