DIVIDEND ANNOUNCEMENT: PacWest Bancorp (NASDAQ:PACW) on 05/01/2020 declared a dividend of $0.2500 per share

PacWest Bancorp (NASDAQ:PACW) on 05/01/2020 declared a dividend of $ 0.2500 per share payable on May 29, 2020 to shareholders of record as of May 20, 2020. Dividend amount recorded is a decrease of $ 0.35 from last dividend Paid.

PacWest Bancorp (NASDAQ:PACW) has paid dividends since 2000, has a current dividend yield of 4.9407114983% and has increased its dividends for 2 successive years.

PacWest Bancorp's market cap is $ 2,365,226,160 and has a PE ratio of 5.19. The stock price closed yesterday at $ 20.24 and has a 52 week low/high of $ 13.84 and $ 40.60.

PacWest Bancorp is a bank holding company. Through its subsidiary, Pacific Western Bank, Co. is focused on business banking to small, middle-market and venture-backed businesses nationwide. Co. provides commercial banking services, including real estate, construction, and commercial loans, and deposit and treasury management services to small and middle-market businesses. Co. provides deposit products to businesses and other customers, including demand, money market, and time deposits. Co.'s lending activities include real estate mortgage loans, real estate construction and land loans, commercial loans and leases, and a small amount of consumer loans.

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