DIVIDEND ANNOUNCEMENT: Luther Burbank Corp (NASDAQ:LBC) on 10/23/2019 declared a dividend of $0.0575 per share

Luther Burbank Corp (NASDAQ:LBC) on 10/23/2019 declared a dividend of $ 0.0575 per share payable on November 14, 2019 to shareholders of record as of November 04, 2019.

Luther Burbank Corp (NASDAQ:LBC) has paid dividends since 2018, has a current dividend yield of 2.0739405155% and has increased its dividends for 0 successive years.

Luther Burbank Corp's market cap is $ 622,670,230 and has a PE ratio of 13.69. The stock price closed yesterday at $ 11.09 and has a 52 week low/high of $ 7.92 and $ 11.64.

Luther Burbank is a bank holding company. Through its subsidiary, Luther Burbank Savings (the Bank), Co. provides banking products and services. Co. is engaged in accepting deposits from the general public and invest those funds in a variety of real estate loans, including permanent mortgage loans and construction loans secured by residential, multifamily, and commercial real estate. The primary components of Co.'s loan portfolio are multifamily and commercial real estate loans and single family residential loans. Co. also provides a range of business deposit products and services, from a basic reserve account to integrated operating accounts with cash management capacity.

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