CVB Financial Corporation (NASDAQ:CVBF) Updates On Quarterly Dividend


As per CVB Financial Corporation (NASDAQ:CVBF) statement on 2016-06-23, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.12 per share as dividend to stakeholders. The record date is set as 2016-07-07, the payout date as 2016-07-21 and the ex-dividend date is 2016-07-05.

Last fiscal CVB Financial Corporation (NASDAQ:CVBF) disbursed cash dividend of $0.12. A year ago, the payout was $0.12, which indicates a difference of 20%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.12, implying 7.1402% growth.

For the period ended on 2015-12-31, CVB Financial Corporation (NASDAQ:CVBF)’s earnings came at $0.23 per share compared to EPS of $0.26 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $0.24 per share.

The interim price target for CVB Financial Corporation (NASDAQ:CVBF) is set at $17.2. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for CVB Financial Corporation (NASDAQ:CVBF) is seen at $18 and the lowest level is established at $16.5. This broad range highlights a standard deviation of $0.57 in reported estimates.

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