CVB Financial Corporation ( NASDAQ:CVBF – Get Free Report ) announced a quarterly dividend on Wednesday, September 16th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.20 per share by the financial services provider on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, September 30th.
CVB Financial has decreased its dividend by an average of 0.0%annually over the last three years. CVB Financial has a dividend payout ratio of 51.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CVB Financial to earn $2.01 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 39.8%.
Get CVB Financial alerts: CVB Financial Trading Down 0.8% Shares of CVBF stock opened at $22.72 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.17. The stock has a market cap of $4.00 billion, a P/E ratio of 15.67 and a beta of 0.64. The stock has a 50 day simple moving average of $22.60...