NYSE:BANCBanks
Assessing Banc Of California (BANC) Valuation After Dividend Increase And Earnings Growth Outlook
Dividend announcements and what they mean for Banc of California stock
Banc of California (BANC) has put dividends front and center, declaring a quarterly cash dividend on its Series F preferred stock and affirming a regular quarterly dividend on its common shares.
The board approved a quarterly dividend of $0.4845 per depositary share on the 7.75% Fixed Rate Non Cumulative Perpetual Preferred Stock, Series F. It will be payable on June 1, 2026 to holders of record on May 21, 2026.
For common...