RBB Bancorp (RBB) to Issue $0.08 Special Dividend
RBB Bancorp (NYSE:RBB) declared a special dividend on Friday, October 20th, Wall Street Journal reports. Investors of record on Tuesday, October 31st will be paid a dividend of 0.08 per share on Thursday, November 30th. The ex-dividend date is Monday, October 30th.
RBB Bancorp (NYSE RBB) opened at 23.35 on Friday. The company’s 50-day moving average price is $22.68 and its 200-day moving average price is $22.68. RBB Bancorp has a one year low of $21.26 and a one year high of $24.19. The stock’s market cap is $368.65 million.
RBB has been the subject of several analyst reports. Stephens initiated coverage on shares of RBB Bancorp in a research note on Tuesday, August 29th. They issued an “overweight” rating and a $25.00 price objective for the company. Keefe, Bruyette & Woods initiated coverage on shares of RBB Bancorp in a research note on Monday, August 21st. They issued an “outperform” rating and a $25.00 price objective for the company. Finally, Sandler O’Neill initiated coverage on shares of RBB Bancorp in a research note on Monday, August 21st. They issued a “buy” rating and a $25.00 price objective for the company.
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About RBB Bancorp
RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.
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