PCB Bancorp Declares Quarterly Cash Dividend of $0.15 Per Common Share

Rhea-AI Summary

PCB Bancorp has declared a quarterly cash dividend of $0.15 per common share on October 27, 2022. This dividend is set to be paid on or about November 18, 2022, to shareholders holding shares as of the close of business on November 10, 2022. PCB Bancorp is the parent company of PCB Bank, which provides commercial banking services primarily to small to medium-sized businesses and individuals in Southern California, focusing on Korean-American and other minority communities.

Positive

• Quarterly cash dividend of $0.15 per share demonstrates company confidence.
• Dividend payment supports shareholder income.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB Bank, announced that on October 27, 2022, its Board of Directors declared a quarterly cash dividend of $0.15 per common share. The dividend will be paid on or about November 18, 2022, to shareholders of record as of the close of business on November 10, 2022.

About PCB Bancorp

PCB Bancorp is the bank holding company for PCB Bank, a California state chartered bank, offering a full suite of commercial banking services to small to medium-sized businesses, individuals and professionals, primarily in Southern California, and predominantly in Korean-American and other minority communities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221027005102/en/

Timothy Chang

Executive Vice President & Chief Financial Officer 213-210-2000

Source: PCB Bancorp

FAQ

What is the dividend amount declared by PCB Bancorp in October 2022?

PCB Bancorp declared a quarterly cash dividend of $0.15 per common share.

When will PCB Bancorp pay its dividend?

The dividend will be paid on or about November 18, 2022.

What is the record date for PCB Bancorp's dividend?

The record date for the dividend is November 10, 2022.

Who is eligible to receive the dividend from PCB Bancorp?

Shareholders of record as of November 10, 2022, will be eligible to receive the dividend.