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BANC (Banc of California) Dividend Yield % : 2.39% (As of Dec. 15, 2024)


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What is Banc of California Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Banc of California is 2.39%.

Warning Sign:

Banc of California Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for Banc of California's Dividend Yield % or its related term are showing as below:

BANC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.1   Med: 2.57   Max: 4.68
Current: 2.39

During the past 13 years, the highest Dividend Yield of Banc of California was 4.68%. The lowest was 1.10%. And the median was 2.57%.

BANC's Dividend Yield % is ranked worse than
75.61% of 1234 companies
in the Banks industry
Industry Median: 3.69 vs BANC: 2.39

Banc of California's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.40.

During the past 13 years, the highest Dividend Payout Ratio of Banc of California was 1.82. The lowest was 0.11. And the median was 0.73.

As of today (2024-12-15), the Forward Dividend Yield % of Banc of California is 2.39%.

Banc of California's Dividends per Share for the three months ended in Sep. 2024 was $0.10.

During the past 12 months, Banc of California's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Banc of California was 34.30% per year. The lowest was -30.20% per year. And the median was 2.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Banc of California Dividend Yield % Historical Data

The historical data trend for Banc of California's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banc of California Dividend Yield % Chart

Banc of California Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.63 1.22 1.51 2.98

Banc of California Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.91 2.98 2.63 3.13 2.72

Competitive Comparison of Banc of California's Dividend Yield %

For the Banks - Regional subindustry, Banc of California's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banc of California's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banc of California's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Banc of California's Dividend Yield % falls into.



Banc of California Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Banc of California Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-09-162024-09-162024-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002024-06-142024-06-142024-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Banc of California's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/16.72
=1.79 %

Current Share Price is $16.72.
Banc of California's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.3.

Banc of California's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/16.72
=2.39 %

Current Share Price is $16.72.
Banc of California's Dividends per Share for the forward twelve months is calculated as $0.1 * 4 = $0.4.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banc of California  (NYSE:BANC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Banc of California Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Banc of California's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Banc of California Business Description

Traded in Other Exchanges
Address
11611 San Vicente Boulevard, Suite 500, Los Angeles, CA, USA, 90049
Banc of California Inc is a financial holding company. It offers banking and financial services. The company's services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate. The company has one reportable segment named Commercial banking.
Executives
Richard J Lashley director C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Jared M Wolff director, officer: PRESIDENT AND CEO 120 WILSHIRE BLVD, SANTA MONICA CA 90401
James Andrew Barker director C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Robert G Dyck officer: EVP, Credit Administration P O BOX 2388, RANCHO SANTA FE CA 92067
Joseph J Rice director C/O 3 MACARTHUR PLACE, SANTA ANA CA 92707
Joseph Kauder officer: Chief Financial Officer C/O BANC OF CALIFORNIA, 3 MACARTHUR PLACE, SANTA ANA CA 92707
Robert D Sznewajs director
John K Sotoodeh officer: Chief Operating Officer C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Raymond J Rindone officer: CAO/Deputy CFO C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Vania E Schlogel director C/O BANC OF CALIFORNIA, INC., 3 MACARTHUR PLACE, SANTA ANA CA 92707
Denis P Kalscheur director 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Shannon F Eusey director 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Diana Hanson officer: Chief Accounting Officer 17785 CENTER COURT DR #750, CERRITOS CA 90703
Mary A Curran director 3 MACARTHUR BLVD, SANTA ANA CA 92707
Lynn M Hopkins officer: CHIEF FINANCIAL OFFICER 17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703