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BANC > SEC Filings for BANC > Form 8-K on 22-Nov-2013All Recent SEC Filings

Show all filings for BANC OF CALIFORNIA, INC.



Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other E

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On November 22, 2013, Banc of California, Inc. (the "Company") filed articles of amendment to the Company's charter with the Maryland Department of Assessments and Taxation, which effected an amendment approved by the Company's Board of Directors to Section A of Article 6 of the Company's charter to increase the number of shares of common stock the Company is authorized to issue from 200,000,000 to 450,000,000. A copy of the articles of amendment is attached hereto as Exhibit 3.1 and is incorporated herein by reference.

Item 8.01 Other Events.

On November 22, 2013, Banc of California, Inc., announced that its Board of Directors has declared a quarterly dividend payment on its Series C Preferred Stock in the aggregate amount of $805,000, representing an annualized yield of 8% on the liquidation preference amount for shares outstanding since initial issuance. The dividend will be payable on December 16, 2013 to record holders as of December 2, 2013 of depositary shares relating to the underlying Series C Preferred Stock. A copy of the press release is attached hereto as Exhibit 99.1

Item 9.01 Financial Statements and Exhibits.

See Exhibit Index.

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