BBCN Bancorp (BBCN) Announces Quarterly Dividend of $0.05
BBCN Bancorp (NASDAQ:BBCN) declared a quarterly dividend on Wednesday, January 30th. Investors of record on Friday, February 8th will be given a dividend of $0.05 per share on Friday, February 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Wednesday, February 6th.
A number of research firms have also recently commented on BBCN. Analysts at Sandler O’Neill raised their price target on shares of BBCN Bancorp from $13.00 to $14.00 in a research note to investors on Friday. On the ratings front, analysts at Raymond James downgraded shares of BBCN Bancorp from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, January 30th.
Two investment analysts have rated the stock with a buy rating, and five have issued a hold rating to the stock. The company currently has an average rating of “overweight” and a consensus target price of $13.42.
Shares of BBCN Bancorp (bbcn) traded down 0.37% during mid-day trading on Friday, hitting $13.38. BBCN Bancorp (bbcn) has a one year low of $9.73 and a one year high of $13.43. The stock’s 50-day moving average is currently $12.49. The company has a market cap of $1.044 billion and a P/E ratio of 13.57.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.