When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PPBI - Pacific Premier Bancorp: Cheap With Decent Dividend Yield
Pacific Premier Bancorp Inc
Pacific Premier Bancorp (PPBI) has started paying dividends this year, with three quarterly dividends of $0.22 per share announced each quarter. I expect the dividend payout to continue at the current level through 2020 despite prospects of earnings decline. The dividend is expected to be maintained because the payout ratio is low, and the company is well-capitalized.
Funding Cost Decline to Partly Offset Dip in Yields
PPBI's yields are expected to dip in the second half of 2019 and in 2020 due to the 50bps Fed Funds rate cut in 2019 till date.