Banc of California, Inc. Announces Quarterly Dividends
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Banc of California, Inc. announced a quarterly cash dividend of $0.10 per share on its common stock and $0.4845 per depositary share on its Series F preferred stock, payable in early 2025.
November 08, 2024 | 11:15 am
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Banc of California declared a quarterly dividend of $0.10 per common share and $0.4845 per Series F preferred share, indicating stable financial health and potential attractiveness to income-focused investors.
The announcement of dividends suggests that Banc of California is in a stable financial position, which is generally positive for stock prices. The dividends may attract income-focused investors, potentially increasing demand for the stock.
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