CVB Financial: Dividend Insights
Portfolio Pulse from Benzinga Insights
CVB Financial (NASDAQ: CVBF) announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on January 22, 2024. The stock is expected to open 20 cents lower on the ex-dividend date.
January 01, 2024 | 2:45 pm
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CVB Financial is set to pay a quarterly dividend of 20 cents per share, with shares likely to open lower by the same amount on the ex-dividend date.
The stock price of CVB Financial is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend, reflecting the distribution of earnings to shareholders.
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