CATY Cathay General Bancorp dividend history, payout ratio & dates
Cathay General Bancorp's most recent dividend was on Nov 27, 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 2.86% based on its recent close price.
Key dates
- CATY last dividend date: Nov 27, 2024
CATY dividend stats
vs. Financial Services sector
Dividend yield
CATY has a dividend yield of 2.86% which is higher than the Financial Services sector average but lower than the industry and its peers average. But in comparison with the Financial Services sector average of 2.77%, Cathay General Bancorp's dividend yield is only 3.2% higher. The historical 5-year average of CATY's dividend yield is 3.5%, which is higher than the current one.
Dividend history
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 7% from a year ago, the dividend yield has decreased by 7%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 27, 2024 | $0.34 | 2.6% |
| 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% |
Cathay General Bancorp dividend payout ratio
Payout ratio
CATY has a payout ratio of 34.2% 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 44.2%, Cathay General Bancorp's payout ratio is 23% lower.
Total amount of dividends paid per financial year (from cash flow)
CATY dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HTBK Heritage Commerce Corp | 5.42% | $0.52 | 73.2% |
| PPBI Pacific Premier Bancorp Inc | 5.27% | $1.32 | N/A |
| BMRC Bank of Marin Bancorp | 4.15% | $1 | N/A |
| CVBF Cvb Financial Corp | 3.64% | $0.8 | 55.9% |
| BSRR Sierra Bancorp | 3.22% | $0.94 | 36.9% |
| CATY Cathay General Bancorp | 2.86% | $1.36 | 34.2% |
| EWBC East West Bancorp Inc | 2.29% | $2.2 | 27.6% |
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 was CATY's last dividend?
Cathay General Bancorp's last dividend ex-date was on Nov 27, 2024. 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 2.86%.
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 34.2%.
Does Cathay General Bancorp pay a good dividend?
Cathay General Bancorp's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.