SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 10, 2013

 

BANC OF CALIFORNIA, INC.

(Exact name of Registrant as specified in its Charter)

 

 

 

 

 

Maryland

001-35522

04-3639825

(State or other jurisdiction

of incorporation)

(Commission File No.)

(IRS Employer

Identification No.)

 

 

 

18500 Von Karman Avenue, Suite 1100, Irvine, California

92612

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (949) 236-5211

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 






Item 8.01 Other Events.

On December 10, 2013, Banc of California, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.12 on outstanding shares of its common stock. The dividend will be payable on January 2, 2014 to shareholders of record as of December 20, 2013. Based upon the trading price as of December 9, 2013 of $12.77, this cash dividend results in an annualized dividend yield of 3.76%. A copy of the press release is attached hereto as Exhibit 99.1


Item 9.01 Financial Statements and Exhibits.


See Exhibit Index.






 

 

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 


 

 

 

 

 

 

BANC OF CALIFORNIA, INC.

 

 

 

 

Date: December 10, 2013

 

By:


/s/ Richard Herrin

 

 

 

Richard Herrin

 

 

 

Executive Vice President, Chief Administrative Officer and Corporate Secretary

 

 

 

 

 



EXHIBIT INDEX


Exhibit

Number

Description

EX-99.1

Press Release of Banc of California, Inc., dated December 10, 2013.