RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company also offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential, commercial, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans. In addition, it provides international letters of credit, SWIFT, export advisory, trade finance discount, and foreign exchange services; and remote deposit, e-banking, and mobile banking services. The company primarily offers its products and services to individuals, businesses, municipalities, and other entities. As of December 31, 2021, it operated 23 branches in the Western region with branches in Los Angeles County, California; Orange County, California; Ventura County, California; Clark County, Nevada; Honolulu, Hawaii, as well as in Eastern region with branches in Manhattan, Brooklyn and Queens, New York; Chicago, Illinois and Edison, New Jersey. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.
RBB Bancorp Dividend Announcement
• RBB Bancorp announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-10-31
• RBB Bancorp annual dividend for 2024 was $0.64
• RBB Bancorp annual dividend for 2023 was $0.64
• RBB Bancorp's trailing twelve-month (TTM) dividend yield is 2.6%
• RBB Bancorp's payout ratio for the trailing twelve months (TTM) is 34.65%
• RBB Bancorp's dividend growth over the last five years (2018-2023) was 12.83% year
RBB Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.16 | quarterly | 2024-11-12 |
2024-07-31 | $0.16 | quarterly | 2024-08-12 |
2024-04-30 | $0.16 | quarterly | 2024-05-13 |
2024-01-30 | $0.16 | quarterly | 2024-02-09 |
2023-10-27 | $0.16 | quarterly | 2023-11-10 |
2023-07-28 | $0.16 | quarterly | 2023-08-11 |
2023-04-28 | $0.16 | quarterly | 2023-05-12 |
2023-01-27 | $0.16 | quarterly | 2023-02-10 |
2022-10-28 | $0.14 | quarterly | 2022-11-11 |
2022-07-29 | $0.14 | quarterly | 2022-08-12 |
2022-04-29 | $0.14 | quarterly | 2022-05-06 |
2022-01-28 | $0.14 | quarterly | 2022-02-01 |
2021-10-29 | $0.13 | quarterly | 2021-11-12 |
2021-07-30 | $0.13 | quarterly | 2021-08-13 |
2021-05-06 | $0.13 | quarterly | 2021-05-14 |
2021-01-29 | $0.12 | quarterly | 2021-02-12 |
2020-10-30 | $0.09 | quarterly | 2020-11-16 |
2020-07-31 | $0.06 | quarterly | 2020-08-17 |
2020-04-29 | $0.06 | quarterly | 2020-05-13 |
2020-02-06 | $0.12 | quarterly | 2020-02-18 |
2019-10-30 | $0.10 | quarterly | 2019-11-15 |
2019-07-30 | $0.10 | quarterly | 2019-08-15 |
2019-05-01 | $0.10 | quarterly | 2019-05-15 |
2019-02-01 | $0.10 | quarterly | 2019-02-15 |
2018-09-27 | $0.09 | quarterly | 2018-10-02 |
2018-07-30 | $0.09 | quarterly | 2018-08-15 |
2018-04-27 | $0.09 | quarterly | 2018-05-15 |
2018-01-30 | $0.08 | quarterly | 2018-02-15 |
2017-10-30 | $0.08 | quarterly | 2017-11-30 |
RBB Bancorp Dividend per year
RBB Bancorp Dividend growth
RBB Bancorp Dividend Yield
RBB Bancorp current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing RBB Bancorp stock? Use our calculator to estimate your expected dividend yield:
RBB Bancorp Financial Ratios
RBB Bancorp Dividend FAQ
Other factors to consider when evaluating RBB 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: RBB 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, RBB 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, RBB 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 RBB 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: RBB 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, RBB 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: RBB 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 RBB 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 RBB 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.