Cathay General Bancorp's most recent dividend was on Aug 29, 2024 (ex-date) with a cash dividend payment of $0.34 per share. On an annualized basis, the company has a current payout of $1.36 per share. This brings the dividend yield to 2.94% based on its recent close price.
CATY has a dividend yield of 2.94% which is higher than the Financial Services sector average but lower than the industry and its peers average. In comparison with the Financial Services sector average of 2.78%, Cathay General Bancorp's dividend yield is 6% higher. The historical 5-year average of CATY's dividend yield is 3.6%, which is higher than the current one.
Cathay General Bancorp has been paying dividends since 1994. CATY has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 38% from a year ago, the dividend yield has decreased by 28%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 29, 2024 | $0.34 | 3.11% |
May 30, 2024 | $0.34 | 3.74% |
Feb 27, 2024 | $0.34 | 3.48% |
Nov 28, 2023 | $0.34 | 3.77% |
Aug 29, 2023 | $0.34 | 3.84% |
May 26, 2023 | $0.34 | 4.41% |
Feb 24, 2023 | $0.34 | 3.1% |
Nov 28, 2022 | $0.34 | 3.02% |
Aug 29, 2022 | $0.34 | 3.18% |
May 26, 2022 | $0.34 | 3.33% |
Feb 24, 2022 | $0.34 | 2.86% |
Nov 26, 2021 | $0.34 | 2.95% |
Aug 27, 2021 | $0.31 | 3.08% |
May 27, 2021 | $0.31 | 2.99% |
Feb 26, 2021 | $0.31 | 3.29% |
Nov 30, 2020 | $0.31 | 4.39% |
Aug 31, 2020 | $0.31 | 5.02% |
Jun 1, 2020 | $0.31 | 4.62% |
Feb 28, 2020 | $0.31 | 4.03% |
Nov 29, 2019 | $0.31 | 3.37% |
Aug 30, 2019 | $0.31 | 3.74% |
May 31, 2019 | $0.31 | 3.48% |
Mar 1, 2019 | $0.31 | 2.87% |
Nov 30, 2018 | $0.31 | 2.6% |
Aug 31, 2018 | $0.24 | 2.27% |
May 31, 2018 | $0.24 | 2.2% |
Feb 28, 2018 | $0.24 | 2.19% |
Nov 30, 2017 | $0.24 | 2.01% |
Aug 30, 2017 | $0.21 | 2.39% |
May 30, 2017 | $0.21 | 2.27% |
Feb 27, 2017 | $0.21 | 1.96% |
Nov 29, 2016 | $0.21 | 2.13% |
Aug 30, 2016 | $0.18 | 2.29% |
May 27, 2016 | $0.18 | 2.21% |
Feb 26, 2016 | $0.18 | 2.34% |
Nov 30, 2015 | $0.18 | 1.63% |
Aug 28, 2015 | $0.14 | 1.63% |
May 29, 2015 | $0.14 | 1.36% |
Feb 26, 2015 | $0.1 | 1.32% |
CATY has a payout ratio of 32.5% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 43.2%, Cathay General Bancorp's payout ratio is 25% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
HTBK Heritage Commerce Corp | 5.19% | $0.52 | 65% |
PPBI Pacific Premier Bancorp Inc | 5.04% | $1.32 | N/A |
BMRC Bank of Marin Bancorp | 4.35% | $1 | N/A |
CVBF Cvb Financial Corp | 4.05% | $0.8 | 54.1% |
BSRR Sierra Bancorp | 3.22% | $0.93 | 37.5% |
CATY Cathay General Bancorp | 2.89% | $1.36 | 32.5% |
EWBC East West Bancorp Inc | 2.13% | $2.13 | 27.1% |
Yes, Cathay General Bancorp has paid four dividends in the last 12 months. CATY has been paying dividends since 1994.
Cathay General Bancorp's last dividend ex-date was on Aug 29, 2024. The dividend amount was $0.34 per share.
On an annual basis CATY pays $1.36 per share.
Cathay General Bancorp's current dividend yield is 2.94%.
Cathay General Bancorp has a quarterly dividend frequency.
Cathay General Bancorp's dividend payout ratio is 32.5%.
Cathay General Bancorp's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.