Preferred Bank Dividends
The next dividend date for Preferred Bank has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Preferred Bank (PFBC)
More About Preferred Bank
Preferred Bank provides various banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; commercial loans, including lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and small business administration loans for business purposes, such as owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing products, export financing, and bills purchase programs. Further, it provides cash management services; and internet, mobile, and tablet banking services. The company was incorporated in 1991 and is headquartered in Los Angeles, California.
Owning Preferred Bank Stock on the Dividend Date
If you own Preferred Bank stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Preferred Bank stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Preferred Bank stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Preferred Bank stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Preferred Bank dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Preferred Bank Dividends
You can contact us any time if you would like to ask questions about Preferred Bank dividends or anything else related to the stock market.