CVB Financial Corp. Announces 128th Consecutive Cash Dividend

Rhea-AI Summary

CVB Financial Corp. (NASDAQ: CVBF) announced a cash dividend of $0.18 per share for Q3 2021, approved on September 22, 2021. This dividend will be payable on approximately October 21, 2021 to shareholders of record as of October 6, 2021. With a history of 177 consecutive quarters of profitability, the company has maintained cash dividends for 128 quarters, highlighting its strong capital and liquidity positions.

Positive

• Announcement of $0.18 per share cash dividend for Q3 2021.
• 177 consecutive quarters of profitability supporting dividend payments.
• 128 consecutive quarters of cash dividends, indicating financial stability.

Negative

• None.

ONTARIO, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced an eighteen cent ($0.18) per share cash dividend with respect to the third quarter of 2021. The dividend was approved at the Company’s regularly scheduled Board of Directors meeting held on September 22, 2021. The dividend will be payable on or about October 21, 2021 to shareholders of record as of October 6, 2021.

“The Company’s strong levels of capital and liquidity, combined with its history of 177 consecutive quarters of profitability, has allowed us to pay cash dividends to our shareholders for 128 consecutive quarters,” said David A. Brager, Chief Executive Officer.

Corporate Overview

CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with over $15 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services through 58 banking centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information on CVBF, visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.

Contact: David A. Brager
Chief Executive Officer
(909) 980-4030

FAQ

What is the dividend amount for CVBF for Q3 2021?

The dividend amount for CVBF for Q3 2021 is $0.18 per share.

When will the CVBF dividend be paid?

The CVBF dividend will be paid on or about October 21, 2021.

What is the record date for the CVBF dividend?

The record date for the CVBF dividend is October 6, 2021.

How many consecutive quarters has CVBF paid dividends?

CVBF has paid dividends for 128 consecutive quarters.

What is the history of CVBF's profitability?

CVBF has a history of 177 consecutive quarters of profitability.