DIVIDEND ANNOUNCEMENT: Luther Burbank Corp (NASDAQ:LBC) on 01/25/2022 declared a dividend of $0.1200 per share

Luther Burbank Corp (NASDAQ:LBC) on 01/25/2022 declared a dividend of $ 0.1200 per share payable on February 14, 2022 to shareholders of record as of February 04, 2022.

Luther Burbank Corp (NASDAQ:LBC) has paid dividends since 2018, has a current dividend yield of 3.4383952618% and has increased its dividends for 1 successive years.

Luther Burbank Corp's market cap is $ 721,564,480 and has a PE ratio of 9.90. The stock price closed yesterday at $ 13.96 and has a 52 week low/high of $ 9.18 and $ 15.37.

Luther Burbank is a bank holding company. Through its subsidiary, Co. accepts deposits from the general public and invests 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, primarily jumbo loans which do not meet the requirements for conforming loans. Co. 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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