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CATY Cathay General Bancorp dividend history, payout ratio & dates

Cathay General Bancorp's most recent quarterly dividend was on Aug 29, 2022 (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 3.43% based on its recent close price.

Key dates

  • CATY last dividend date: Aug 29, 2022
  • CATY next dividend date: Not announced
CATY dividend stats
DPS
$1.36
Dividend yield
3.27%
Payout ratio
33.2%
vs. Financial Services sector
Dividend yield
2.89%
Payout ratio
30.2%

Dividend yield

What is Cathay General Bancorp current dividend yield

CATY has a dividend yield of 3.43% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 2.89%, Cathay General Bancorp's dividend yield is 19% higher. The historical 5-year average of CATY's dividend yield is 3.2%, which is lower than the current one.

Dividend history

What is CATY dividend payout history and dates

Cathay General Bancorp has been paying dividends since 1994. CATY has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. And since the stock price has gone down by 6% from a year ago, the dividend yield has increased by 17%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 29, 2022 Sep 9, 2022 Aug 18, 2022 $0.34 normal
May 26, 2022 Jun 6, 2022 May 16, 2022 $0.34 normal
Feb 24, 2022 Mar 7, 2022 Feb 14, 2022 $0.34 normal
Nov 26, 2021 Dec 9, 2021 Nov 18, 2021 $0.34 normal
Aug 27, 2021 Sep 9, 2021 Aug 19, 2021 $0.31 normal
May 27, 2021 Jun 7, 2021 May 17, 2021 $0.31 normal
Feb 26, 2021 Mar 11, 2021 Feb 18, 2021 $0.31 normal
Nov 30, 2020 Dec 11, 2020 Nov 20, 2020 $0.31 normal
Aug 31, 2020 Sep 11, 2020 Aug 20, 2020 $0.31 normal
Jun 1, 2020 Jun 12, 2020 May 21, 2020 $0.31 normal
Feb 28, 2020 Mar 12, 2020 Feb 20, 2020 $0.31 normal
Nov 29, 2019 Dec 12, 2019 Nov 21, 2019 $0.31 normal
Aug 30, 2019 Sep 13, 2019 Aug 15, 2019 $0.31 normal
May 31, 2019 Jun 13, 2019 May 16, 2019 $0.31 normal
Mar 1, 2019 Mar 14, 2019 Feb 21, 2019 $0.31 normal
Nov 30, 2018 Dec 13, 2018 Nov 15, 2018 $0.31 normal
Aug 31, 2018 Sep 14, 2018 Aug 16, 2018 $0.24 normal
May 31, 2018 Jun 11, 2018 May 17, 2018 $0.24 normal
Feb 28, 2018 Mar 12, 2018 Feb 15, 2018 $0.24 normal
Nov 30, 2017 Dec 11, 2017 Nov 16, 2017 $0.24 normal
Aug 30, 2017 Sep 11, 2017 Aug 17, 2017 $0.21 normal
May 30, 2017 Jun 12, 2017 May 18, 2017 $0.21 normal
Feb 27, 2017 Mar 10, 2017 Feb 16, 2017 $0.21 normal
Nov 29, 2016 Dec 12, 2016 Nov 17, 2016 $0.21 normal
Aug 30, 2016 Sep 12, 2016 Aug 18, 2016 $0.18 normal
May 27, 2016 Jun 13, 2016 May 19, 2016 $0.18 normal
Feb 26, 2016 Mar 11, 2016 Feb 18, 2016 $0.18 normal

Cathay General Bancorp dividend payout ratio

What is Cathay General Bancorp dividend payout ratio compared to the sector

Payout ratio

CATY has a payout ratio of 33.2% which is higher than the Financial Services sector and the industry average but lower than its peers average. If we compare it with the Financial Services sector average of 30.2%, Cathay General Bancorp's payout ratio is 10% higher.

Total amount of dividends paid per financial year (from cash flow)

CATY dividend vs peer dividends

How does CATY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HTBK Heritage Commerce Corp 4.39% $0.52 57.1%
BSRR Sierra Bancorp 4.38% $0.91 37.3%
PPBI Pacific Premier Bancorp Inc 3.96% $1.32 40%
CATY Cathay General Bancorp 3.27% $1.36 33.2%
BMRC Bank of Marin Bancorp 3.09% $0.97 41.8%
CVBF Cvb Financial Corp 2.75% $0.73 50%
CVCY Central Valley Community Bancorp 2.6% $0.48 22%
EWBC East West Bancorp Inc 2.07% $1.53 23.1%

Frequently asked questions

Does Cathay General Bancorp pay a dividend?

Yes, Cathay General Bancorp has paid four dividends in the last 12 months. CATY has been paying dividends since 1994.

When is Cathay General Bancorp's next dividend?

Currently CATY's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.

When was CATY's last dividend?

Cathay General Bancorp's last dividend ex-date was on Aug 29, 2022. The dividend amount was $0.34 per share.

How much dividend does Cathay General Bancorp pay (per share)?

On an annual basis CATY pays $1.36 per share.

What is Cathay General Bancorp's dividend yield?

Cathay General Bancorp's current dividend yield is 3.43%.

How often does Cathay General Bancorp pay dividends?

Cathay General Bancorp has a quarterly dividend frequency.

What is Cathay General Bancorp's dividend payout ratio?

Cathay General Bancorp's dividend payout ratio is 33.2%.

Does Cathay General Bancorp pay a good dividend?

Cathay General Bancorp's dividend yield is higher than the Financial Services sector average.