Reminder - Banc of California (BANC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/11/15, Banc of California Inc (BANC) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 7/1/15. As a percentage of BANC's recent stock price of $13.63, this dividend works out to approximately 0.88%, so look for shares of Banc of California Inc to trade 0.88% lower — all else being equal — when BANC shares open for trading on 6/11/15.

START SLIDESHOW:
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for BANC, showing historical dividends prior to the most recent $0.12 declared by Banc of California Inc:

BANC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BANC is likely to continue, and whether the current estimated yield of 3.52% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BANC shares, versus its 200 day moving average:

Banc of California Inc 200 Day Moving Average Chart

Looking at the chart above, BANC's low point in its 52 week range is $10.18 per share, with $13.85 as the 52 week high point — that compares with a last trade of $13.65.

According to Preferred Stock Channel, there are 3 series of preferred stock that are senior to BANC — find out what they are ».

In Tuesday trading, Banc of California Inc shares are currently off about 1.1% on the day.

More from Stocks

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker