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Banc of California, Inc. Announces Quarterly Dividends

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Banc of California (NYSE: BANC) has announced quarterly dividends for its common and preferred stocks. The Board of Directors declared a $0.10 per share cash dividend on common stock, payable on October 1, 2024, to stockholders of record as of September 16, 2024. Additionally, a $0.4845 per depositary share dividend was declared on the 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F, payable on September 3, 2024, to stockholders of record as of August 22, 2024.

The company also maintains a Dividend Reinvestment Plan (DRIP), allowing common stockholders to acquire shares at a 3% discount from the market price. Registered common stockholders with holdings at Computershare are eligible to participate in the DRIP program.

Banc of California (NYSE: BANC) ha annunciato i dividendi trimestrali per le sue azioni ordinarie e privilegiate. Il Consiglio di Amministrazione ha dichiarato un dividendo in contante di $0.10 per azione sulle azioni ordinarie, pagabile il 1 ottobre 2024, agli azionisti registrati al 16 settembre 2024. Inoltre, 猫 stato dichiarato un dividendo di $0.4845 per azione depositaria sulle azioni privilegiate permanenti a tasso fisso non cumulativo del 7.75%, Serie F, pagabile il 3 settembre 2024, agli azionisti registrati al 22 agosto 2024.

L'azienda offre anche un piano di reinvestimento dei dividendi (DRIP), che consente agli azionisti ordinari di acquisire azioni con un sconto del 3% sul prezzo di mercato. Gli azionisti ordinari registrati con partecipazioni presso Computershare sono idonei a partecipare al programma DRIP.

Banc of California (NYSE: BANC) ha anunciado dividendos trimestrales para sus acciones ordinarias y preferentes. La Junta Directiva declar贸 un dividendo en efectivo de $0.10 por acci贸n sobre las acciones ordinarias, que se pagar谩 el 1 de octubre de 2024, a los accionistas registrados al 16 de septiembre de 2024. Adem谩s, se declar贸 un dividendo de $0.4845 por acci贸n depositaria sobre las acciones preferentes perpetuas a tasa fija no acumulativa del 7.75%, Serie F, que se pagar谩 el 3 de septiembre de 2024, a los accionistas registrados al 22 de agosto de 2024.

La compa帽铆a tambi茅n mantiene un Plan de Reinvestici贸n de Dividendo (DRIP), permitiendo a los accionistas ordinarios adquirir acciones con un descuento del 3% sobre el precio de mercado. Los accionistas ordinarios registrados con participaciones en Computershare son elegibles para participar en el programa DRIP.

旌橂Μ韽媹鞎 鞚頄(Banc of California, NYSE: BANC)鞚 氤错喌欤 氚 鞖办劆欤检棎 雽頃 攵勱赴 氚半嫻旮堨潉 氚滍憸頄堨姷雼堧嫟. 鞚挫偓須岆姅 欤茧嫻 $0.10 順勱笀 氚半嫻旮鞚 氤错喌欤检棎 雽頃 靹犾柛頄堨溂氅, 鞚措姅 2024雲 10鞗 1鞚检棎 歆旮夒悩鞏 2024雲 9鞗 16鞚 旮办 欤检<鞐愱矊 歆旮夒惄雼堧嫟. 霕愴暅, 7.75% 瓿犾爼 牍勲垊鞝 鞓侁惮 鞝滉车欤检嫕鞚 F鞁滊Μ歃堨棎 雽頃 鞓堩儊欤茧嫻 $0.4845 氚半嫻旮鞚 靹犾柛霅橃棃鞙茧┌, 2024雲 9鞗 3鞚检棎 歆旮夒悩瓿 2024雲 8鞗 22鞚 旮办 欤检<鞐愱矊 歆旮夒惄雼堧嫟.

須岇偓電 霕愴暅 氤错喌欤 欤检<臧 鞁滌灔 臧瓴╈棎靹 3% 頃犾澑鞙茧 欤检嫕鞚 甑Г頃 靾 鞛堧姅 氚半嫻鞛埇鞛 瓿勴殟(DRIP)鞚 鞙犾頃橁碃 鞛堨姷雼堧嫟. Computershare鞐 氤挫湢 欷戩澑 霌彪霅 氤错喌欤 欤检<電 DRIP 頂勲攴鸽灗鞐 彀胳棳頃 靾 鞛堧姅 鞛愱博鞚 鞛堨姷雼堧嫟.

Banc of California (NYSE: BANC) a annonc茅 des dividendes trimestriels pour ses actions ordinaires et pr茅f茅rentielles. Le conseil d'administration a d茅clar茅 un dividende en esp猫ces de 0,10 $ par action sur les actions ordinaires, payable le 1er octobre 2024, aux actionnaires enregistr茅s au 16 septembre 2024. De plus, un dividende de 0,4845 $ par action de d茅p么t a 茅t茅 d茅clar茅 sur les actions pr茅f茅rentielles perp茅tuelles 脿 taux fixe non cumulatif de 7,75 %, s茅rie F, payable le 3 septembre 2024, aux actionnaires enregistr茅s au 22 ao没t 2024.

L'entreprise maintient 茅galement un plan de r茅investissement des dividendes (DRIP), permettant aux actionnaires ordinaires d'acqu茅rir des actions 脿 un rabais de 3 % par rapport au prix du march茅. Les actionnaires ordinaires enregistr茅s ayant des participations chez Computershare peuvent participer au programme DRIP.

Die Banc of California (NYSE: BANC) hat viertelj盲hrliche Dividenden f眉r ihre Stamm- und Vorzugsaktien bekannt gegeben. Der Vorstand hat eine Bargelddividende von $0.10 pro Aktie f眉r die Stammaktien erkl盲rt, zahlbar am 1. Oktober 2024, an Aktion盲re, die am 16. September 2024 im Aktienregister stehen. Zus盲tzlich wurde eine Dividende von $0.4845 pro Depotaktie auf die 7,75% festverzinslichen, nicht kumulierten, ewigen Vorzugsaktien der Serie F erkl盲rt, die am 3. September 2024 an Aktion盲re, die am 22. August 2024 im Aktienregister stehen, ausgezahlt wird.

Das Unternehmen bietet au脽erdem einen Dividenden-Reinvestitionsplan (DRIP) an, der es Stammaktion盲ren erm枚glicht, Aktien mit einem 3% Rabatt auf den Marktpreis zu erwerben. Registrierte Stammaktion盲re mit Best盲nden bei Computershare sind berechtigt, am DRIP-Programm teilzunehmen.

Positive
  • Consistent quarterly dividend payments for both common and preferred stockholders
  • 3% discount offered on share acquisitions through the Dividend Reinvestment Plan (DRIP)
  • Maintenance of dividend payments suggests financial stability
Negative
  • None.

LOS ANGELES--(BUSINESS WIRE)-- (the 鈥淐ompany鈥) (NYSE: BANC) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend will be payable October 1, 2024, to stockholders of record as of September 16, 2024.

The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F. The dividend will be payable September 3, 2024, to stockholders of record as of August 22, 2024. The Series F depositary shares are traded on the New York Stock Exchange under the 鈥淏anc/PF鈥 symbol.

The Company maintains a Dividend Reinvestment Plan (DRIP) which allows common stockholders to automatically acquire common shares at a 3% discount from the applicable market price. All registered common stockholders with holdings maintained at the Company鈥檚 transfer agent, Computershare, are eligible to participate in the DRIP program. For more information on the Company鈥檚 DRIP program, please contact Investor Relations at IR@bancofcal.com or (855) 361-2262.

About Banc of California, Inc.

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $35 billion in assets and the parent company of Banc of California. Banc of California is one of the nation鈥檚 premier relationship-based business banks, providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California is the third largest bank headquartered in California and offers a broad range of loan and deposit products and services through more than 80 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The bank also provides full-stack payment processing solutions through its subsidiary, Deepstack Technologies, and serves the Community Association Management industry nationwide with its technology-forward platform, SmartStreet. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. For more information, please visit us at .

Investor Relations Inquiries:

Banc of California, Inc.

(855) 361-2262

Jared Wolff, (310) 424-1230

Joe Kauder, (310) 844-5224

Ann DeVries, (646) 376-7011

Media Contact:

Debora Vrana, Banc of California

(213) 533-3122

Deb.Vrana@bancofcal.com

Source: Banc of California, Inc.

FAQ

What is the dividend amount for Banc of California's (BANC) common stock?

Banc of California (BANC) declared a quarterly cash dividend of $0.10 per share on its outstanding common stock.

When is the payment date for Banc of California's (BANC) common stock dividend?

The common stock dividend for Banc of California (BANC) will be payable on October 1, 2024.

What is the dividend amount for Banc of California's (BANC) Series F preferred stock?

Banc of California (BANC) declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F.

What discount does Banc of California (BANC) offer in its Dividend Reinvestment Plan?

Banc of California (BANC) offers a 3% discount from the applicable market price for common stockholders participating in the Dividend Reinvestment Plan (DRIP).

Banc of California, Inc.

NYSE:BANC

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2.62B
133.12M
1.05%
98.68%
5.61%
Banks - Regional
National Commercial Banks
United States of America
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