CBB Bancorp Declares Quarterly Cash Dividend of $.08 per share

Rhea-AI Summary

CBB Bancorp announced a quarterly cash dividend of $0.08 per common share, payable on May 24, 2024, to stockholders of record as of May 10, 2024.

LOS ANGELES--(BUSINESS WIRE)-- CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on May 24, 2024, to all stockholders of record as of the close of business on May 10, 2024.

About CBB Bancorp, Inc.:

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small-to-medium-sized businesses and does business as “CBB Bank.” The Bank has eleven full-service branches in Los Angeles, Orange, and Dallas Counties and Honolulu, Hawaii; two SBA regional offices in Los Angeles and Dallas Counties; and loan production offices in Georgia and Washington.

For additional information, please go to www.cbb-bank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240425613949/en/

Richard Koh, EVP & CFO

(323) 988-3037

RichardK@cbb-bank.com

Source: CBB Bancorp, Inc.

FAQ

What dividend did CBB Bancorp declare per share?

CBB Bancorp declared a quarterly cash dividend of $0.08 per common share.

When is the dividend payable to stockholders?

The dividend is payable on May 24, 2024.

What is the record date for the dividend?

The record date for the dividend is May 10, 2024.