East West Bancorp's latest quarterly dividend was on Apr 28, 2023 (ex-date) with a payout of $0.48 per share. At an annualized rate of $1.76 per share, the stock yields 3.59%.
EWBC has a dividend yield of 3.59% which is above the industry average but below the Financial Services sector and its peers average. In comparison with its Financial Services sector average of 3.86%, East West Bancorp's dividend yield is 7% lower. The current dividend yield is higher than the historical average of 2.2% of the last 5 years.
East West Bancorp has been paying dividends since 1999. EWBC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 21% since twelve months ago. And with the price of the stock down by 31% from a year ago, the dividend yield has an increase of 76%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 28, 2023 | May 15, 2023 | Apr 20, 2023 | $0.48 | normal |
| Feb 3, 2023 | Feb 21, 2023 | Jan 26, 2023 | $0.48 | normal |
| Oct 31, 2022 | Nov 15, 2022 | Oct 20, 2022 | $0.4 | normal |
| Jul 29, 2022 | Aug 15, 2022 | Jul 21, 2022 | $0.4 | normal |
| Apr 29, 2022 | May 16, 2022 | Apr 21, 2022 | $0.4 | normal |
| Feb 4, 2022 | Feb 22, 2022 | Jan 27, 2022 | $0.4 | normal |
| Oct 29, 2021 | Nov 15, 2021 | Oct 21, 2021 | $0.33 | normal |
| Jul 30, 2021 | Aug 16, 2021 | Jul 22, 2021 | $0.33 | normal |
| Apr 30, 2021 | May 17, 2021 | Apr 22, 2021 | $0.33 | normal |
| Feb 8, 2021 | Feb 23, 2021 | Jan 28, 2021 | $0.33 | normal |
| Oct 30, 2020 | Nov 16, 2020 | Oct 22, 2020 | $0.275 | normal |
| Aug 3, 2020 | Aug 17, 2020 | Jul 23, 2020 | $0.275 | normal |
| May 1, 2020 | May 15, 2020 | Apr 23, 2020 | $0.275 | normal |
| Jan 31, 2020 | Feb 14, 2020 | Jan 23, 2020 | $0.275 | normal |
| Oct 31, 2019 | Nov 15, 2019 | Oct 17, 2019 | $0.275 | normal |
| Jul 31, 2019 | Aug 15, 2019 | Jul 18, 2019 | $0.275 | normal |
| Apr 30, 2019 | May 15, 2019 | Apr 18, 2019 | $0.275 | normal |
| Feb 1, 2019 | Feb 15, 2019 | Jan 24, 2019 | $0.23 | normal |
| Oct 31, 2018 | Nov 15, 2018 | Oct 18, 2018 | $0.23 | normal |
| Jul 31, 2018 | Aug 15, 2018 | Jul 19, 2018 | $0.23 | normal |
| Apr 30, 2018 | May 15, 2018 | Apr 19, 2018 | $0.2 | normal |
| Feb 2, 2018 | Feb 15, 2018 | Jan 25, 2018 | $0.2 | normal |
| Oct 31, 2017 | Nov 15, 2017 | Oct 19, 2017 | $0.2 | normal |
| Jul 28, 2017 | Aug 15, 2017 | Jul 20, 2017 | $0.2 | normal |
| Apr 27, 2017 | May 15, 2017 | Apr 19, 2017 | $0.2 | normal |
| Jan 30, 2017 | Feb 15, 2017 | Jan 25, 2017 | $0.2 | normal |
| Oct 28, 2016 | Nov 15, 2016 | Oct 19, 2016 | $0.2 | normal |
| Jul 28, 2016 | Aug 15, 2016 | Jul 20, 2016 | $0.2 | normal |
| May 2, 2016 | May 16, 2016 | Apr 20, 2016 | $0.2 | normal |
| Jan 28, 2016 | Feb 16, 2016 | Jan 27, 2016 | $0.2 | normal |
EWBC has a payout ratio of 20.5% 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 32.1%, East West Bancorp's payout ratio is 36% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PPBI Pacific Premier Bancorp Inc | 6.46% | $1.32 | 44.9% |
| BMRC Bank of Marin Bancorp | 5.67% | $1 | 35% |
| CATY Cathay General Bancorp | 4.33% | $1.36 | 26.3% |
| EWBC East West Bancorp Inc | 3.42% | $1.76 | 20.5% |
| TCBK Trico Bancshares | 3.24% | $1.15 | 27.3% |
Yes, East West Bancorp has been paying dividends for the last 24 years.
EWBC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2023.
East West Bancorp's last regular dividend was on Apr 28, 2023 (ex-date) with the amount of $0.48 per share.
EWBC's annualized dividend per share is $1.76.
The current dividend yield of East West Bancorp is 3.59%.
East West Bancorp pays four dividends per year.
East West Bancorp's dividend payout ratio is 20.5%.
East West Bancorp's dividend yield is lower than the Financial Services sector average.