Central Valley Community Bancorp's most recent quarterly dividend was on Nov 2, 2023 (ex-date) with a cash dividend payment of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 2.58% based on its recent close price.
Central Valley Community Bancorp's dividend yield of 2.58% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.38%, Central Valley Community Bancorp's dividend yield is 24% lower. The historical 5-year average of CVCY's dividend yield is 2.5%, which is in line with the current one.
Central Valley Community Bancorp has a long dividend history, including the last 11 consecutive years with dividend payouts. CVCY has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone down by 9% from a year ago, the dividend yield has increased by 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 2, 2023 | Nov 17, 2023 | Oct 19, 2023 | $0.12 | normal |
| Aug 3, 2023 | Aug 18, 2023 | Jul 20, 2023 | $0.12 | normal |
| May 4, 2023 | May 19, 2023 | Apr 20, 2023 | $0.12 | normal |
| Feb 9, 2023 | Feb 24, 2023 | Jan 26, 2023 | $0.12 | normal |
| Nov 3, 2022 | Nov 18, 2022 | Oct 19, 2022 | $0.12 | normal |
| Aug 4, 2022 | Aug 20, 2022 | Jul 20, 2022 | $0.12 | normal |
| May 5, 2022 | May 20, 2022 | Apr 20, 2022 | $0.12 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 26, 2022 | $0.12 | normal |
| Nov 4, 2021 | Nov 19, 2021 | Oct 20, 2021 | $0.12 | normal |
| Aug 5, 2021 | Aug 20, 2021 | Jul 21, 2021 | $0.12 | normal |
| May 6, 2021 | May 21, 2021 | Apr 22, 2021 | $0.12 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 27, 2021 | $0.11 | normal |
| Nov 12, 2020 | Nov 27, 2020 | Oct 28, 2020 | $0.11 | normal |
| Aug 6, 2020 | Aug 21, 2020 | Jul 22, 2020 | $0.11 | normal |
| Apr 30, 2020 | May 15, 2020 | Apr 15, 2020 | $0.11 | normal |
| Feb 6, 2020 | Feb 21, 2020 | Jan 22, 2020 | $0.11 | normal |
| Oct 31, 2019 | Nov 15, 2019 | Oct 16, 2019 | $0.11 | normal |
| Aug 1, 2019 | Aug 16, 2019 | Jul 17, 2019 | $0.11 | normal |
| May 2, 2019 | May 17, 2019 | Apr 17, 2019 | $0.11 | normal |
| Feb 7, 2019 | Feb 22, 2019 | Jan 23, 2019 | $0.1 | normal |
| Nov 1, 2018 | Nov 16, 2018 | Oct 17, 2018 | $0.09 | normal |
| Aug 2, 2018 | Aug 17, 2018 | Jul 18, 2018 | $0.08 | normal |
| May 3, 2018 | May 18, 2018 | Apr 18, 2018 | $0.07 | normal |
| Feb 7, 2018 | Feb 22, 2018 | Jan 23, 2018 | $0.07 | normal |
| Nov 2, 2017 | Nov 17, 2017 | Oct 18, 2017 | $0.06 | normal |
| Aug 2, 2017 | Aug 18, 2017 | Jul 19, 2017 | $0.06 | normal |
| May 3, 2017 | May 19, 2017 | Apr 19, 2017 | $0.06 | normal |
| Feb 8, 2017 | Feb 24, 2017 | Jan 25, 2017 | $0.06 | normal |
| Nov 2, 2016 | Nov 18, 2016 | Oct 20, 2016 | $0.06 | normal |
| Aug 3, 2016 | Aug 19, 2016 | Jul 20, 2016 | $0.06 | normal |
| May 3, 2016 | May 20, 2016 | Apr 20, 2016 | $0.06 | normal |
Central Valley Community Bancorp's payout ratio of 20.6% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 36.5%, Central Valley Community Bancorp's payout ratio is 44% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PPBI Pacific Premier Bancorp Inc | 5.23% | $1.32 | 52.6% |
| BMRC Bank of Marin Bancorp | 5.01% | $1 | 49.8% |
| BSRR Sierra Bancorp | 4.59% | $0.92 | 38.2% |
| CVBF Cvb Financial Corp | 4.22% | $0.8 | 46.8% |
| TCBK Trico Bancshares | 3.14% | $1.2 | 31.3% |
| EWBC East West Bancorp Inc | 2.87% | $1.92 | 21.5% |
| CVCY Central Valley Community Bancorp | 2.51% | $0.48 | 20.6% |
| OVLY Oak Valley Bancorp | 1.2% | $0.32 | 7.6% |
Yes, Central Valley Community Bancorp has been paying dividends for the last 11 years.
Currently CVCY's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Central Valley Community Bancorp's last dividend ex-date was on Nov 2, 2023. The dividend amount was $0.12 per share.
CVCY's annualized dividend per share is $0.48.
Currently Central Valley Community Bancorp's dividend yield is 2.58%.
Central Valley Community Bancorp has a quarterly dividend frequency.
Central Valley Community Bancorp's dividend payout ratio is 20.6%.
Central Valley Community Bancorp's dividend yield is lower than the Financial Services sector average.