DIVIDEND ANNOUNCEMENT: Luther Burbank Corp (NASDAQ:LBC) on 10/27/2020 declared a dividend of $0.0575 per share

Luther Burbank Corp (NASDAQ:LBC) on 10/27/2020 declared a dividend of $ 0.0575 per share payable on November 16, 2020 to shareholders of record as of November 06, 2020.

Luther Burbank Corp (NASDAQ:LBC) has paid dividends since 2018, has a current dividend yield of 2.4210526943% and has increased its dividends for 1 successive years.

Luther Burbank Corp's market cap is $ 497,743,000 and has a PE ratio of 12.34. The stock price closed yesterday at $ 9.50 and has a 52 week low/high of $ 6.76 and $ 11.99.

Luther Burbank is a bank holding company. Through its subsidiary, Luther Burbank Savings, Co. provides banking products and services. Co. is engaged in accepting deposits from the general public and investing those funds in a variety of 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 deposit products for individuals and businesses, including interest and noninterest-bearing transaction accounts, certificates of deposit, and money market accounts.

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