ONTARIO, Calif.--(BUSINESS WIRE)--
CVB Financial Corp. (NASDAQ:CVBF) announced an eight and one-half cent ($0.085) per share dividend for the fourth quarter of 2007. The dividend was approved at the regularly scheduled Board of Directors meeting on December 19, 2007. It will be payable on January 18, 2008 to shareholders of record as of January 4, 2008.
"Our 73rd dividend reflects the continued confidence of our Board of Directors in the strong performance of CVB Financial Corp.," said Christopher D. Myers, President and Chief Executive Officer. CVB Financial Corp. is the parent company of Citizens Business Bank. With $6.1 billion in assets, Citizens Business Bank is the largest bank headquartered in the Inland Empire.
Citizens Business Bank serves 39 cities through 44 business financial centers in the Inland Empire, Orange and Los Angeles Counties and communities throughout the Central Valley of California. The Bank's trust and asset management division, CitizensTrust, has $2.1 billion in assets under administration.
Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol of CVBF. For more information, please visit our website at www.cbbank.com.
Source: CVB Financial Corp.
Contact: CVB Financial Corp. Christopher D. Myers, 909-980-4030 President and Chief Executive Officer