Chino Commercial Bancorp's board has approved a 20% stock dividend.

The dividend is issuable on or about June 29 to the Chino, Calif.-based company's shareholders of record as of June 15. The dividend will raise Chino Commercial Bancorp's number of outstanding shares by about 309,884, bringing the total shares outstanding to approximately 1,859,304.

Chino Commercial Bancorp is the holding company of Chino Commercial Bank NA.