CVB Financial Corporation (NASDAQ:CVBF) Updates On Dividend Release Date


On 2016-06-23, CVB Financial Corporation (NASDAQ:CVBF) confirmed the dividend disbursement of $0.12 a share to shareholders as on record 2016-07-07. The firm will release dividend on 2016-07-21 while ex-dividend date is reported to be 2016-07-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CVB Financial Corporation (NASDAQ:CVBF) paid a total of $0.12 per share in dividends. This figure stood at $0.12 a share in the same period a year ago indicating a deviation of 20%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $17.2 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $18 and $16.5, respectively.

Taking the mathematical rating formula, the price for CVB Financial Corporation (NASDAQ:CVBF) stands at 3. Earnings Review CVB Financial Corporation (NASDAQ:CVBF) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.24.

Coming to the quarter ending on 2015-12-31, CVB Financial Corporation (NASDAQ:CVBF) recorded EPS of $0.23. The reported numbers came lower than the analysts’ estimates of $0.25, demonstrating a miss of $-0.02 as against reported figures.

Shares of the CVB Financial Corporation (NASDAQ:CVBF) traded in the range of $16.98 to $17.24 and closed the last trading session at $17.03 on a volume of ((Volume:238}}.

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