CBB Bancorp, Inc. operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards. The company also provides treasury management, and mobile and online banking services, as well as title and escrow services. In addition, it engages in investing activities; and offers trade finance services, including commercial letters of credit, standby letters of credit, and documentary collection services. The company offers its services through 9 full-service branches and 1 limited-service branch in Southern California, Dallas, Texas and Honolulu, and Hawaii; and 5 loan production offices in the states of Colorado, Georgia, Texas, and Washington. CBB Bancorp, Inc. was founded in 2005 and is headquartered in Los Angeles, California.
CBB Bancorp Dividend Announcement
• CBB Bancorp announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• CBB Bancorp annual dividend for 2024 was $0.34
• CBB Bancorp annual dividend for 2023 was $0.32
• CBB Bancorp's trailing twelve-month (TTM) dividend yield is 3.08%
CBB Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.10 | quarterly | 2024-11-22 |
2024-08-09 | $0.08 | quarterly | 2024-08-23 |
2024-05-09 | $0.08 | quarterly | 2024-05-24 |
2024-02-08 | $0.08 | quarterly | 2024-02-23 |
2023-11-09 | $0.08 | quarterly | 2023-11-22 |
2023-08-10 | $0.08 | quarterly | 2023-08-25 |
2023-05-11 | $0.08 | quarterly | 2023-05-26 |
2023-02-09 | $0.08 | quarterly | 2023-02-24 |
2022-11-09 | $0.08 | quarterly | 2022-11-25 |
2022-08-11 | $0.08 | quarterly | 2022-08-26 |
2022-05-12 | $0.08 | quarterly | 2022-05-27 |
2022-02-10 | $0.08 | quarterly | 2022-02-25 |
2021-11-10 | $0.07 | quarterly | 2021-11-26 |
2021-08-12 | $0.06 | quarterly | 2021-08-27 |
2021-06-10 | $0.05 | quarterly | 2021-06-25 |
CBB Bancorp Dividend per year
CBB Bancorp Dividend growth
CBB Bancorp Dividend Yield
CBB Bancorp current trailing twelve-month (TTM) dividend yield is 3.08%. Interested in purchasing CBB Bancorp stock? Use our calculator to estimate your expected dividend yield:
CBB Bancorp Financial Ratios
CBB Bancorp Dividend FAQ
Other factors to consider when evaluating CBB Bancorp 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.
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1. Determination of Dividend: CBB Bancorp'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, CBB Bancorp 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, CBB Bancorp 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 CBB Bancorp 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. Record Date: CBB Bancorp 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, CBB Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CBB Bancorp 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.
To assess the safety of CBB Bancorp'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 CBB Bancorp'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.