June 20 - CVB Financial Corp. (Nasdaq: CVBF) announced a 10 cents per share cash dividend with respect to the second quarter of 2013. The dividend was approved at the regularly scheduled board of directors meeting on June 19, 2013. The dividend will be payable on or about July 18, 2013, to shareholders of record as of July 3, 2013.
“Our board of directors is pleased to announce an 18 percent increase in our quarterly cash dividend from 9 cents per share to 10 cents per share. The decision to increase the dividend was based on our strong capital position and the stability of our earnings. This represents the 95th consecutive quarterly cash dividend paid to our shareholders,” said Christopher D. Myers, president and CEO.
CVB Financial Corp. is the holding company for Citizens Business Bank. The bank is one of the largest financial institution headquartered in the Inland Empire region of Southern California with assets of $6.3 billion. Citizens Business Bank serves 41 cities with 40 Business Financial Centers, five Commercial Banking Centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County and the Central Valley areas of California.
Shares of CVB Financial Corp. common stock are listed on the Nasdaq under the ticker symbol of "CVBF." For investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the Our Investors tab.