Investors eagerly anticipate the dividend payout from CVB Financial CVBF on October 19, 2023. With a payout of $0.20 per share and an annualized dividend yield of 4.76%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on October 03, 2023
CVB Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-03 | 4 | $0.2 | 4.76% | 2023-09-20 | 2023-10-04 | 2023-10-19 |
| 2023-07-05 | 4 | $0.2 | 5.59% | 2023-06-21 | 2023-07-06 | 2023-07-20 |
| 2023-04-04 | 4 | $0.2 | 4.24% | 2023-03-22 | 2023-04-05 | 2023-04-19 |
| 2022-12-28 | 4 | $0.2 | 3.02% | 2022-12-14 | 2022-12-29 | 2023-01-13 |
| 2022-10-04 | 4 | $0.2 | 2.97% | 2022-09-21 | 2022-10-05 | 2022-10-20 |
| 2022-06-29 | 4 | $0.19 | 3.19% | 2022-06-15 | 2022-06-30 | 2022-07-15 |
| 2022-04-05 | 4 | $0.18 | 3.07% | 2022-03-23 | 2022-04-06 | 2022-04-20 |
| 2021-12-28 | 4 | $0.18 | 3.38% | 2021-12-15 | 2021-12-29 | 2022-01-12 |
| 2021-10-05 | 4 | $0.18 | 3.79% | 2021-09-22 | 2021-10-06 | 2021-10-21 |
| 2021-06-29 | 4 | $0.18 | 3.24% | 2021-06-16 | 2021-06-30 | 2021-07-15 |
| 2021-03-30 | 4 | $0.18 | 3.03% | 2021-03-17 | 2021-03-31 | 2021-04-14 |
| 2020-12-30 | 4 | $0.18 | 3.62% | 2020-12-16 | 2020-12-31 | 2021-01-15 |
In terms of dividend yield, CVB Financial finds itself in the middle ground among its industry peers, while First Interstate BancSys FIBK takes the lead with the highest annualized dividend yield at 7.96%.
Analyzing CVB Financial Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.72 in 2019 to $0.77 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For CVB Financial
From 2019 to 2022, CVB Financial has demonstrated an upward trend in earnings, with earnings per share rising from $1.43 to $1.54. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
In this article, we delve into CVB Financial's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.20 per share today, resulting in an annualized dividend yield of 4.76%.
In terms of dividend yield, CVB Financial finds itself in the middle ground among its industry peers, while First Interstate BancSys takes the lead with the highest annualized dividend yield at 7.96%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, CVB Financial appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Track real-time stock fluctuations for CVB Financial on Benzinga.](https://www.benzinga.com/quote/CVB Financial (NASDAQ: CVBF))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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