The $0.4845 payout matches prior quarters and offers a 7.57% forward yield for BANC.PR.F shareholders.
Banc of California, Inc. Depositary Share (BANC.PR.F) announced a $0.4845 per share quarterly dividend, unchanged from previous distributions. The payout maintains a 7.57% forward yield based on current pricing.
The dividend is payable June 1 to shareholders of record as of May 21, with an ex-dividend date also set for May 21. The consistency follows prior quarterly declarations, reflecting stable cash flow for the depositary share.
No immediate market reaction was disclosed in the announcement.