BayCom Corp (BCML) Announces a Significant 33% Dividend Hike for Shareholders

On May 21, BayCom Corp (NASDAQ:BCML) declared a 33% hike in its quarterly dividend to $0.20 per share.

BayCom Corp (BCML) Announces a Significant 33% Dividend Hike for Shareholders

BayCom Corp, operating through its fully owned subsidiary United Business Bank, provides a wide variety of loan options—including SBA, CalCAP, FSA, and USDA-backed loans—alongside deposit products and services to businesses and their affiliates across California, Nevada, Washington, New Mexico, and Colorado.

Investors were pleased by BayCom Corp’s recent dividend increase. Since initiating its dividend program in 2022, the company has consistently raised its dividends each year. The increases have been substantial, with a 100% boost in the first year and 50% in the second. This pattern highlights the company’s strong dedication to delivering value back to its shareholders.

BayCom Corp offers a dividend yield of 2.26%, and the stock will trade ex-dividend on June 12. The stock has surged by 30% in the past 12 months.

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