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Reminder - Banc Of California (BANC) Goes Ex-Dividend Soon

By Dividend Channel Staff, Monday, June 12, 10:06 AM ET
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On 6/14/23, Banc Of California Inc (NYSE:BANC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 7/3/23. As a percentage of BANC's recent stock price of $12.62, this dividend works out to approximately 0.79%, so look for shares of Banc Of California Inc to trade 0.79% lower — all else being equal — when BANC shares open for trading on 6/14/23.

Below is a dividend history chart for BANC, showing historical dividends prior to the most recent $0.10 declared by Banc Of California Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BANC is likely to continue, and whether the current estimated yield of 3.17% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BANC shares, versus its 200 day moving average:

Banc Of California Inc 200 Day Moving Average Chart

Looking at the chart above, BANC's low point in its 52 week range is $9.72 per share, with $18.54 as the 52 week high point — that compares with a last trade of $12.55.


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In Monday trading, Banc Of California Inc shares are currently trading flat on the day.


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