Preferred Bank Raises Annual Dividend 6.7%

Dow Jones

2025/12/12

By Katherine Hamilton

Preferred Bank Los Angeles raised its annual cash dividend 6.7% to $3.20 a share.

The California-based bank said Thursday the new dividend, 20 cents higher, will be payable on Jan. 20, 2026, to shareholders of record on Jan. 6.

The new payout represents an annual yield of 3.3% based on Thursday's closing price of $97.83.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

December 11, 2025 17:12 ET (22:12 GMT)

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