Cvb Financial's latest quarterly dividend was on Oct 4, 2022 (ex-date) with a payout of $0.2 per share. At an annualized rate of $0.75 per share, the stock yields 2.82%. The latest dividend has an increase of $0.01, or 5% from the prior distribution.
CVBF has a dividend yield of 2.82% which is above the Financial Services sector average but below the industry and its peers average. But in comparison with its Financial Services sector average of 2.77%, Cvb Financial's dividend yield is only 1.8% higher. The historical 5-year average of CVBF's dividend yield is 3.2%, which is higher than the current yield.
Cvb Financial has been paying dividends since 1994. CVBF has distributed five quarterly dividends in the past year. The annualized dividend per share has an increase of 4.2% since twelve months ago. However with the price of the stock up by 30% from a year ago, the dividend yield has a decrease of 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 4, 2022 | Oct 20, 2022 | Sep 21, 2022 | $0.2 | normal |
| Jun 29, 2022 | Jul 15, 2022 | Jun 15, 2022 | $0.19 | normal |
| Apr 5, 2022 | Apr 20, 2022 | Mar 23, 2022 | $0.18 | normal |
| Dec 28, 2021 | Jan 12, 2022 | Dec 15, 2021 | $0.18 | normal |
| Oct 5, 2021 | Oct 21, 2021 | Sep 22, 2021 | $0.18 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Jun 16, 2021 | $0.18 | normal |
| Mar 30, 2021 | Apr 14, 2021 | Mar 17, 2021 | $0.18 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Dec 16, 2020 | $0.18 | normal |
| Oct 6, 2020 | Oct 21, 2020 | Sep 23, 2020 | $0.18 | normal |
| Jul 8, 2020 | Jul 23, 2020 | Jun 24, 2020 | $0.18 | normal |
| Apr 7, 2020 | Apr 22, 2020 | Mar 25, 2020 | $0.18 | normal |
| Jan 2, 2020 | Jan 17, 2020 | Dec 18, 2019 | $0.18 | normal |
| Oct 1, 2019 | Oct 17, 2019 | Sep 18, 2019 | $0.18 | normal |
| Jul 2, 2019 | Jul 18, 2019 | Jun 19, 2019 | $0.18 | normal |
| Apr 2, 2019 | Apr 17, 2019 | Mar 20, 2019 | $0.18 | normal |
| Jan 3, 2019 | Jan 18, 2019 | Dec 19, 2018 | $0.14 | normal |
| Oct 2, 2018 | Oct 18, 2018 | Sep 19, 2018 | $0.14 | normal |
| Jul 3, 2018 | Jul 19, 2018 | Jun 20, 2018 | $0.14 | normal |
| Apr 4, 2018 | Apr 19, 2018 | Mar 21, 2018 | $0.14 | normal |
| Jan 4, 2018 | Jan 22, 2018 | Dec 20, 2017 | $0.14 | normal |
| Oct 3, 2017 | Oct 19, 2017 | Sep 20, 2017 | $0.14 | normal |
| Jul 3, 2017 | Jul 20, 2017 | Jun 21, 2017 | $0.14 | normal |
| Apr 3, 2017 | Apr 19, 2017 | Mar 22, 2017 | $0.12 | normal |
| Jan 4, 2017 | Jan 23, 2017 | Dec 21, 2016 | $0.12 | normal |
| Oct 3, 2016 | Oct 20, 2016 | Sep 21, 2016 | $0.12 | normal |
| Jul 5, 2016 | Jul 21, 2016 | Jun 22, 2016 | $0.12 | normal |
| Apr 4, 2016 | Apr 20, 2016 | Mar 23, 2016 | $0.12 | normal |
CVBF has a payout ratio of 51.4% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 30.1%, Cvb Financial's payout ratio is 71% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BSRR Sierra Bancorp | 4.38% | $0.91 | 37.3% |
| PACW Pacwest Bancorp | 4.02% | $1 | 23% |
| PPBI Pacific Premier Bancorp Inc | 3.96% | $1.32 | 40% |
| CATY Cathay General Bancorp | 3.27% | $1.36 | 33.2% |
| CVBF Cvb Financial Corp | 2.82% | $0.75 | 51.4% |
| CVCY Central Valley Community Bancorp | 2.63% | $0.48 | 22% |
| SRCE 1St Source Corp | 2.57% | $1.25 | 26.7% |
| TCBK Trico Bancshares | 2.22% | $1.05 | 30.2% |
Yes, Cvb Financial has paid five dividends in the last twelve months. CVBF has been paying dividends since 1994.
At this point we don't have a record of CVBF's next dividend date, but based on the current dividend schedule we project that it will likely be in January 2023.
Cvb Financial's last dividend ex-date was on Oct 4, 2022. The dividend amount was $0.2 per share.
CVBF has paid dividend of $0.75 per share in the last year.
Currently Cvb Financial's dividend yield is 2.82%.
Cvb Financial has a quarterly dividend frequency.
Cvb Financial's dividend payout ratio is 51.4%.
Cvb Financial's dividend yield is similar to the Financial Services sector average.