ONTARIO, Calif.--(BUSINESS WIRE)--
CVB Financial Corp. (NASDAQ:CVBF) announced an eight and one-half cent ($0.085) per share dividend for the second quarter of 2008. The dividend was approved at the regularly scheduled Board of Directors meeting on June 18, 2008. It will be payable on July 17, 2008 to shareholders of record as of July 2, 2008.
"We are pleased to be in a position to pay our 75th consecutive dividend to our Shareholders. This reflects the continued confidence of our Board of Directors in the performance of CVB Financial Corp.," said Christopher D. Myers, President and Chief Executive Officer. CVB Financial Corp. is the holding company of Citizens Business Bank. Citizens Business Bank with $6.4 billion in assets is the largest bank headquartered in the Inland Empire.
Citizens Business Bank serves 40 cities through 45 banking 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 $2.5 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 President and Chief Executive Officer 909-980-4030