CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. The company also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. In addition, it offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. Further, the company provides trust services through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2021, it operated 58 banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California; and three trust offices located in Ontario, Newport Beach, and Pasadena, as well as two loan production offices in California's Central Valley and the Sacramento area. The company was founded in 1974 and is headquartered in Ontario, California.
CVB Financial Dividend Announcement
• CVB Financial announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-09-30
• CVB Financial annual dividend for 2024 was $0.80
• CVB Financial annual dividend for 2023 was $0.60
• CVB Financial's trailing twelve-month (TTM) dividend yield is 3.45%
• CVB Financial's payout ratio for the trailing twelve months (TTM) is 56.34%
• CVB Financial's dividend growth over the last five years (2018-2023) was 1.39% year
• CVB Financial's dividend growth over the last ten years (2013-2023) was 4.54% year
CVB Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.20 | quarterly | 2024-10-14 |
| 2024-07-11 | $0.20 | quarterly | 2024-07-25 |
| 2024-04-02 | $0.20 | quarterly | 2024-04-17 |
| 2024-01-04 | $0.20 | quarterly | 2024-01-22 |
| 2023-10-03 | $0.20 | quarterly | 2023-10-19 |
| 2023-07-05 | $0.20 | quarterly | 2023-07-20 |
| 2023-04-04 | $0.20 | quarterly | 2023-04-19 |
| 2022-12-28 | $0.20 | quarterly | 2023-01-13 |
| 2022-10-04 | $0.20 | quarterly | 2022-10-20 |
| 2022-06-29 | $0.19 | quarterly | 2022-07-15 |
| 2022-04-05 | $0.18 | quarterly | 2022-04-20 |
| 2021-12-28 | $0.18 | quarterly | 2022-01-12 |
| 2021-10-05 | $0.18 | quarterly | 2021-10-21 |
| 2021-06-29 | $0.18 | quarterly | 2021-07-15 |
| 2021-03-30 | $0.18 | quarterly | 2021-04-14 |
| 2020-12-30 | $0.18 | quarterly | 2021-01-15 |
| 2020-10-06 | $0.18 | quarterly | 2020-10-21 |
| 2020-07-08 | $0.18 | quarterly | 2020-07-23 |
| 2020-04-07 | $0.18 | quarterly | 2020-04-22 |
| 2020-01-02 | $0.18 | quarterly | 2020-01-17 |
| 2019-10-01 | $0.18 | quarterly | 2019-10-17 |
| 2019-07-02 | $0.18 | quarterly | 2019-07-18 |
| 2019-04-02 | $0.18 | quarterly | 2019-04-17 |
| 2019-01-03 | $0.14 | quarterly | 2019-01-18 |
| 2018-10-02 | $0.14 | quarterly | 2018-10-18 |
| 2018-07-03 | $0.14 | quarterly | 2018-07-19 |
| 2018-04-04 | $0.14 | quarterly | 2018-04-19 |
| 2018-01-04 | $0.14 | quarterly | 2018-01-22 |
| 2017-10-03 | $0.14 | quarterly | 2017-10-19 |
| 2017-07-03 | $0.14 | quarterly | 2017-07-20 |
| 2017-04-03 | $0.12 | quarterly | 2017-04-19 |
| 2017-01-04 | $0.12 | quarterly | 2017-01-23 |
| 2016-10-03 | $0.12 | quarterly | 2016-10-20 |
| 2016-07-05 | $0.12 | quarterly | 2016-07-21 |
| 2016-04-04 | $0.12 | quarterly | 2016-04-20 |
| 2015-12-29 | $0.12 | quarterly | 2016-01-15 |
| 2015-10-05 | $0.12 | quarterly | 2015-10-22 |
| 2015-07-06 | $0.12 | quarterly | 2015-07-22 |
| 2015-03-30 | $0.12 | quarterly | 2015-04-15 |
| 2014-12-30 | $0.10 | quarterly | 2015-01-16 |
| 2014-10-06 | $0.10 | quarterly | 2014-10-23 |
| 2014-06-30 | $0.10 | quarterly | 2014-07-17 |
| 2014-04-01 | $0.10 | quarterly | 2014-04-16 |
| 2013-12-31 | $0.10 | quarterly | 2014-01-17 |
| 2013-09-30 | $0.10 | quarterly | 2013-10-17 |
| 2013-07-01 | $0.10 | quarterly | 2013-07-18 |
| 2013-04-01 | $0.09 | quarterly | 2013-04-17 |
CVB Financial Dividend per year
CVB Financial Dividend growth
CVB Financial Dividend Yield
CVB Financial current trailing twelve-month (TTM) dividend yield is 3.45%. Interested in purchasing CVB Financial stock? Use our calculator to estimate your expected dividend yield:
CVB Financial Financial Ratios
P/E ratio16.20
PEG ratio0.16
P/B ratio1.46
ROE9.36%
Payout ratio56.34%
Current ratio406.25
Quick ratio406.25
Cash Ratio71.58
CVB Financial Dividend FAQ
How much is the next CVB Financial dividend?
CVB Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CVB Financial dividend. The next CVB Financial dividend will be released in April, July, or October.
When is CVB Financial dividend paid?
CVB Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, July, and October. 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 CVB Financial pay?
The specific amount of CVB Financial 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 CVB Financial's dividend history.
Does CVB Financial stock pay dividends?
Yes, CVB Financial 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 CVB Financial's dividend history.
How much dividend does CVB Financial pay?
CVB Financial paid $0.8 in 2024, $0.6 in 2023, $0.77 in 2022, $0.72 in 2021, and $0.9 in 2020.
How often does CVB Financial pay dividends?
CVB Financial 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 April, July, and October.
What is CVB Financial's dividend yield?
The current dividend yield for CVB Financial is 3.45%. 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 CVB Financial's exact dividend yield.
When does CVB Financial go ex dividend?
CVB Financial's ex-dividend date for the latest dividend was on 2024-09-30. CVB Financial 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 CVB Financial dividend paid?
CVB Financial pays dividends on a quarterly basis, typically around April, July, or October, but the exact dates can vary each year.
Will CVB Financial 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 CVB Financial 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 CVB Financial dividend per share?
CVB Financial paid $0.8 per share in 2024 and $0.6 per share in 2023. The amount of dividend per share that CVB Financial 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 CVB Financial 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 CVB Financial 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 CVB Financial a dividend stock?
Yes, CVB Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CVB Financial a good dividend stock?
Whether CVB Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CVB Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CVB Financial 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 CVB Financial 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 CVB Financial pay dividends monthly?
CVB Financial typically pays dividends on a quarterly basis.
Does CVB Financial pay dividends quarterly?
CVB Financial currently pays dividends on a quarterly basis.
Has CVB Financial ever paid a dividend?
Yes, CVB Financial has a history of paying dividends to its shareholders. CVB Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CVB Financial dividend stocks?
To buy CVB Financial 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 CVB Financial 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 CVB Financial 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 CVB Financial pay dividends 2024?
CVB Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-14. 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 CVB Financial increase its dividend in 2024?
Decisions regarding CVB Financial 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 CVB Financial dividend overview you can look into the above table of dividend history.
How CVB Financial dividend works?
The CVB Financial 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 CVB Financial's dividend process works:
1. Determination of Dividend: CVB Financial'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, CVB Financial 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, CVB Financial 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 CVB Financial 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: CVB Financial'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, CVB Financial 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, CVB Financial 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 CVB Financial 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 CVB Financial dividends paid?
CVB Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CVB Financial 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, CVB Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CVB Financial 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: CVB Financial 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, CVB Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CVB Financial 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 CVB Financial pay dividends?
CVB Financial 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 CVB Financial pay dividends?
The general pattern is that CVB Financial pays dividends around April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CVB Financial dividend safe?
The safety of CVB Financial'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 CVB Financial'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 CVB Financial'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 CVB Financial'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 CVB Financial'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.