PCB Bancorp operates as the bank holding company for Pacific City Bank that provides various banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts. It also provides real estate loans, including commercial and residential, Small Business Administration (SBA) property, and construction loans; commercial and industrial loans, such as commercial term and lines of credit, SBA commercial term, and SBA Paycheck Protection Program loans; and other consumer loans comprising automobile secured loans and personal loans. In addition, the company offers access to account balances, online transfers, and online bill payment and electronic delivery of customer statements; and mobile banking solutions that include remote check deposit and mobile bill pay. Further, it provides automated teller machines; and banking by telephone, mail, personal appointment, debit cards, direct deposit, and cashier's checks, as well as treasury management, wire transfer, and automated clearing house services. The company operates through a network of 11 full-service branches in Los Angeles and Orange counties, California; and one full-service branch in each of Englewood Cliffs, New Jersey, and Bayside, New York. It also operates 10 loan production offices in Irvine, Artesia, and Los Angeles, California; Annandale, Virginia; Atlanta, Georgia; Chicago, Illinois; Bellevue, Washington; Aurora, Colorado; Carrollton, Texas; and New York, New York. The company was formerly known as Pacific City Financial Corporation and changed its name to PCB Bancorp in July 2019. PCB Bancorp was founded in 2003 and is headquartered in Los Angeles, California.
PCB Bancorp Dividend Announcement
• PCB Bancorp announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-08
• PCB Bancorp annual dividend for 2024 was $0.72
• PCB Bancorp annual dividend for 2023 was $0.69
• PCB Bancorp's trailing twelve-month (TTM) dividend yield is 3.8%
• PCB Bancorp's payout ratio for the trailing twelve months (TTM) is 42.00%
• PCB Bancorp's dividend growth over the last five years (2018-2023) was 62.98% year
PCB Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.18 | quarterly | 2024-11-15 |
2024-08-09 | $0.18 | quarterly | 2024-08-16 |
2024-05-09 | $0.18 | quarterly | 2024-05-17 |
2024-02-08 | $0.18 | quarterly | 2024-02-16 |
2023-11-08 | $0.18 | quarterly | 2023-11-17 |
2023-08-10 | $0.18 | quarterly | 2023-08-18 |
2023-05-11 | $0.18 | quarterly | 2023-05-19 |
2023-02-09 | $0.15 | quarterly | 2023-02-17 |
2022-11-09 | $0.15 | quarterly | 2022-11-18 |
2022-08-11 | $0.15 | quarterly | 2022-08-19 |
2022-05-12 | $0.15 | quarterly | 2022-05-20 |
2022-02-10 | $0.15 | quarterly | 2022-02-18 |
2021-11-10 | $0.12 | quarterly | 2021-11-19 |
2021-08-05 | $0.12 | quarterly | 2021-08-13 |
2021-05-06 | $0.10 | quarterly | 2021-05-14 |
2021-02-09 | $0.10 | quarterly | 2021-02-19 |
2020-11-03 | $0.10 | quarterly | 2020-11-13 |
2020-08-28 | $0.10 | quarterly | 2020-09-15 |
2020-05-28 | $0.10 | quarterly | 2020-06-15 |
2020-02-27 | $0.10 | quarterly | 2020-03-13 |
2019-11-27 | $0.08 | quarterly | 2019-12-13 |
2019-08-29 | $0.06 | quarterly | 2019-09-13 |
2019-05-30 | $0.06 | quarterly | 2019-06-14 |
2019-02-27 | $0.05 | quarterly | 2019-03-15 |
2018-11-29 | $0.03 | quarterly | 2018-12-14 |
2018-08-30 | $0.03 | quarterly | 2018-09-14 |
PCB Bancorp Dividend per year
PCB Bancorp Dividend growth
PCB Bancorp Dividend Yield
PCB Bancorp current trailing twelve-month (TTM) dividend yield is 3.8%. Interested in purchasing PCB Bancorp stock? Use our calculator to estimate your expected dividend yield:
PCB Bancorp Financial Ratios
PCB Bancorp Dividend FAQ
Other factors to consider when evaluating PCB 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: PCB 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, PCB 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, PCB 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 PCB 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: PCB 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, PCB 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: PCB 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 PCB 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 PCB 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.