Banc of California Dividends and Buybacks
Dividend criteria checks 2/6
Banc of California is a dividend paying company with a current yield of 2.29%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
2.3%
Dividend yield
-12.7%
Buyback Yield
| Total Shareholder Yield | -10.4% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 54.1% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | US$0.400 |
| Payout ratio | -1% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BANC.PRF's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BANC.PRF's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Banc of California Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BANC.PRF) | 2.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BANC.PRF) (up to 3 years) | 2.3% |
Notable Dividend: BANC.PRF's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BANC.PRF's dividend (2.29%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Current Payout to Shareholders
Earnings Coverage: BANC.PRF is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BANC.PRF's dividends in 3 years are forecast to be well covered by earnings (25.7% payout ratio).