CVB Financial Corporation (NASDAQ:CVBF) announced a quarterly dividend on Thursday, September 21st, NASDAQ reports. Investors of record on Wednesday, October 4th will be paid a dividend of 0.14 per share by the financial services provider on Thursday, October 19th. This represents a $0.56 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Tuesday, October 3rd.

Shares of CVB Financial Corporation (CVBF) opened at 22.31 on Friday. CVB Financial Corporation has a one year low of $16.32 and a one year high of $24.63. The company’s 50-day moving average is $20.91 and its 200-day moving average is $21.54. The stock has a market capitalization of $2.46 billion, a P/E ratio of 22.18 and a beta of 1.53.

CVB Financial Corporation (NASDAQ:CVBF) last posted its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. CVB Financial Corporation had a net margin of 35.33% and a return on equity of 10.67%. The firm had revenue of $81.26 million for the quarter, compared to analyst estimates of $80.10 million. During the same period last year, the firm posted $0.23 EPS. On average, equities research analysts anticipate that CVB Financial Corporation will post $1.06 earnings per share for the current year.

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In related news, Director Anna Kan bought 4,660 shares of the firm’s stock in a transaction on Thursday, August 3rd. The shares were bought at an average cost of $21.50 per share, for a total transaction of $100,190.00. Following the transaction, the director now owns 17,660 shares of the company’s stock, valued at $379,690. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 7.00% of the stock is currently owned by insiders.

A number of equities analysts recently weighed in on CVBF shares. Zacks Investment Research upgraded shares of CVB Financial Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub lowered shares of CVB Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Keefe, Bruyette & Woods set a $23.00 target price on shares of CVB Financial Corporation and gave the stock a “hold” rating in a research report on Tuesday, July 4th. Finally, Wedbush restated a “neutral” rating and set a $22.00 target price on shares of CVB Financial Corporation in a research report on Tuesday, June 27th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $21.83.

About CVB Financial Corporation

CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company’s administrative and other smaller operating departments are combined into the Other segment.

Dividend History for CVB Financial Corporation (NASDAQ:CVBF)

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