California BanCorp \ CA 8-K
Research Summary
AI-generated summary
California BanCorp (BCAL) Declares $0.10 Cash Dividend
What Happened
California BanCorp (BCAL) announced by Form 8-K on March 12, 2026 that its board declared a cash dividend of $0.10 per share on its common stock. The dividend is payable on April 15, 2026 to shareholders of record at the close of business on March 24, 2026. The filing includes a press release dated March 12, 2026 as an exhibit.
Key Details
- Dividend amount: $0.10 per share (common stock).
- Record date: March 24, 2026 (close of business).
- Payable date: April 15, 2026.
- Filing date / press release: March 12, 2026 (included as Exhibit 99.1).
Why It Matters
This declaration means shareholders on the record date will receive a cash payment of $0.10 per share, representing a direct return of cash to investors. The filing is a company-confirmed distribution schedule and important for investors tracking income, expected cash flows, or dividend capture strategies.
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