Mission Valley Bancorp operates as the bank holding company for Mission Valley Bank that provides various banking services to individuals and corporate customers. The company's deposit products include non-interest bearing and interest-bearing demand deposits, and time deposits; and money market, savings, and checking accounts, as well as certificates of deposit. Its loan portfolio comprises personal loans; accounts receivable, apartment, and automobile and truck financing; and commercial real estate, equipment, small business administration, and term loans, as well as credit and debit cards, credit lines, and letters of credit. The company also provides merchant bankcard, account reconciliation, cashier checks, collection, deposit courier, electronic tax payment, night drop, online banking, remote deposit, payroll, safe deposit box, touchtone banking, zero balance accounting, and insurance services. It operates through two branches located in Sun Valley and Santa Clarita, California. The company was founded in 2001 and is headquartered in Sun Valley, California.
Mission Valley Bancorp Dividend Announcement
• Mission Valley Bancorp announced a annually dividend of $0.15 per ordinary share which will be made payable on 2024-04-02. Ex dividend date: 2024-03-19
• Mission Valley Bancorp annual dividend for 2024 was $0.15
• Mission Valley Bancorp annual dividend for 2023 was $0.15
• Mission Valley Bancorp's trailing twelve-month (TTM) dividend yield is 0.99%
Mission Valley Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-19 | $0.15 | annually | 2024-04-02 |
2023-02-14 | $0.15 | annually | 2023-02-28 |
2022-02-14 | $0.15 | annually | 2022-02-28 |
2019-02-13 | $0.10 | annually | 2019-02-28 |
2017-11-29 | $0.10 | annually | 2017-12-15 |
2016-11-23 | $0.07 | annually | 2016-12-19 |
2015-03-12 | $0.05 | annually | 2015-03-27 |
Mission Valley Bancorp Dividend per year
Mission Valley Bancorp Dividend growth
Mission Valley Bancorp Dividend Yield
Mission Valley Bancorp current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing Mission Valley Bancorp stock? Use our calculator to estimate your expected dividend yield:
Mission Valley Bancorp Financial Ratios
Mission Valley Bancorp Dividend FAQ
Other factors to consider when evaluating Mission Valley 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: Mission Valley 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, Mission Valley 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, Mission Valley 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 Mission Valley 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: Mission Valley 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, Mission Valley 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: Mission Valley 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 Mission Valley 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 Mission Valley 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.