Community West Bancshares Plans Quarterly Dividend of $0.08 (NASDAQ:CWBC)
Community West Bancshares (NASDAQ:CWBC – Get Rating) declared a quarterly dividend on Friday, June 29th, Zacks reports. Shareholders of record on Friday, June 12th will be paid a dividend of 0.075 per share by the financial services provider on Wednesday, June 31st. This represents a $0.30 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Thursday, June 11th.
Community West Bancshares has a dividend payout ratio of 18.8% indicating that its dividend is sufficiently covered by earnings.
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