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Ex-Div Reminder for PacWest Bancorp (PACW)

By Dividend Channel Staff, Wednesday, May 10, 11:13 AM ET
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On 5/12/23, PacWest Bancorp (NASDAQ:PACW) will trade ex-dividend, for its quarterly dividend of $0.01, payable on 5/31/23. As a percentage of PACW's recent stock price of $6.27, this dividend works out to approximately 0.16%.

Below is a dividend history chart for PACW, showing historical dividends prior to the most recent $0.01 declared by PacWest Bancorp:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PACW is likely to continue, and whether the current estimated yield of 0.64% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PACW shares, versus its 200 day moving average:

PacWest Bancorp 200 Day Moving Average Chart

Looking at the chart above, PACW's low point in its 52 week range is $2.48 per share, with $32.68 as the 52 week high point — that compares with a last trade of $6.34.


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In Wednesday trading, PacWest Bancorp shares are currently up about 2.6% on the day.


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