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 January, 2025 with an ex-dividend date of 16th December, 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 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$0.400 |
| Payout ratio | -1% |
Recent dividend and buyback updates
Recent updates
Banc of California: Opportunity Amidst The Noise
Jul 09Banc of California: 0.75x Book Value, Soaring NII, 3.1% Dividend (Rating Upgrade)
Jun 21Banc of California: Priced Below Tangible Book Value Unfairly
Jun 11Banc of California: A Regional Bank Gem Selling At 0.8X BV
Mar 28Banc of California: Consider The Post-Merger Preferred Stock For Income
Feb 07Banc of California: A Top Dividend Growth Stock For 2024
Dec 14Banc of California: United We Will Likely Get More Dividends
Dec 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BANC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BANC'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) | 2.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BANC) (up to 3 years) | 2.3% |
Notable Dividend: BANC's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BANC'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 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BANC's dividends in 3 years are forecast to be well covered by earnings (25.7% payout ratio).