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 (NASDAQ:BCML), 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 (NASDAQ:BCML)’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 (NASDAQ:BCML) 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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