Hanmi Financial's most recent quarterly dividend of $0.25 per share was on Nov 3, 2023 (ex-date). The annualized payout of $1 per share represents a current dividend yield of 5.65%.
HAFC has a dividend yield of 5.65% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.38%, Hanmi Financial's dividend yield is 67% higher. The current dividend yield is higher than the historical average of 4.4% of the last 5 years.
Hanmi Financial has a dividend history dating as far as 2003, but lately the company has recorded ten consecutive years of dividend payments. Our records of HAFC show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. And since the stock price has gone down by 30% from a year ago, the dividend yield has increased by 52%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 3, 2023 | Nov 22, 2023 | Oct 26, 2023 | $0.25 | normal |
| Aug 4, 2023 | Aug 23, 2023 | Jul 27, 2023 | $0.25 | normal |
| May 5, 2023 | May 24, 2023 | Apr 27, 2023 | $0.25 | normal |
| Feb 3, 2023 | Feb 23, 2023 | Jan 26, 2023 | $0.25 | normal |
| Nov 4, 2022 | Nov 23, 2022 | Oct 27, 2022 | $0.25 | normal |
| Aug 5, 2022 | Aug 24, 2022 | Jul 28, 2022 | $0.25 | normal |
| May 6, 2022 | May 25, 2022 | Apr 28, 2022 | $0.22 | normal |
| Feb 4, 2022 | Feb 24, 2022 | Jan 27, 2022 | $0.22 | normal |
| Nov 5, 2021 | Nov 24, 2021 | Oct 28, 2021 | $0.2 | normal |
| Aug 6, 2021 | Aug 26, 2021 | Jul 29, 2021 | $0.12 | normal |
| May 7, 2021 | May 27, 2021 | Apr 29, 2021 | $0.12 | normal |
| Feb 5, 2021 | Feb 24, 2021 | Jan 28, 2021 | $0.1 | normal |
| Nov 13, 2020 | Nov 30, 2020 | Nov 5, 2020 | $0.08 | normal |
| Aug 7, 2020 | Aug 31, 2020 | Jul 29, 2020 | $0.08 | normal |
| May 8, 2020 | May 29, 2020 | May 1, 2020 | $0.12 | normal |
| Jan 31, 2020 | Feb 27, 2020 | Jan 23, 2020 | $0.24 | normal |
| Nov 1, 2019 | Nov 27, 2019 | Oct 24, 2019 | $0.24 | normal |
| Aug 8, 2019 | Aug 30, 2019 | Jul 24, 2019 | $0.24 | normal |
| May 3, 2019 | May 31, 2019 | Apr 24, 2019 | $0.24 | normal |
| Jan 29, 2019 | Feb 28, 2019 | Jan 10, 2019 | $0.24 | normal |
| Nov 1, 2018 | Nov 26, 2018 | Oct 23, 2018 | $0.24 | normal |
| Aug 8, 2018 | Aug 30, 2018 | Jul 25, 2018 | $0.24 | normal |
| May 4, 2018 | May 29, 2018 | Apr 26, 2018 | $0.24 | normal |
| Feb 2, 2018 | Feb 23, 2018 | Jan 24, 2018 | $0.24 | normal |
| Oct 27, 2017 | Nov 20, 2017 | Oct 19, 2017 | $0.21 | normal |
| Jul 26, 2017 | Aug 16, 2017 | Jul 18, 2017 | $0.21 | normal |
| May 4, 2017 | May 24, 2017 | Apr 27, 2017 | $0.19 | normal |
| Feb 3, 2017 | Feb 23, 2017 | Jan 26, 2017 | $0.19 | normal |
| Nov 4, 2016 | Nov 23, 2016 | Oct 27, 2016 | $0.19 | normal |
| Aug 4, 2016 | Aug 23, 2016 | Jul 28, 2016 | $0.19 | normal |
| Jun 14, 2016 | Jun 30, 2016 | Jun 6, 2016 | $0.14 | normal |
HAFC has a payout ratio of 33.8% which is higher than its peers average but lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 36.5%, Hanmi Financial's payout ratio is 7% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HTBK Heritage Commerce Corp | 5.86% | $0.52 | 44.1% |
| UBFO United Security Bancshares | 5.68% | $0.46 | 40% |
| HAFC Hanmi Financial Corp | 5.63% | $1 | 33.8% |
| CVBF Cvb Financial Corp | 4.22% | $0.8 | 46.8% |
| FNB Fnb Corp | 3.83% | $0.48 | 30.4% |
| CFR Cullen/Frost Bankers Inc | 3.53% | $3.58 | 34.2% |
| WABC Westamerica Bancorporation | 3.23% | $1.72 | 28.5% |
| RNST Renasant Corp | 2.96% | $0.88 | 30.2% |
Yes, Hanmi Financial has been paying dividends for the last ten years.
HAFC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in February 2024.
Hanmi Financial's last regular dividend was on Nov 3, 2023 (ex-date) with the amount of $0.25 per share.
HAFC's annualized dividend per share is $1.
The current dividend yield of Hanmi Financial is 5.65%.
Hanmi Financial pays four dividends per year.
Hanmi Financial's dividend payout ratio is 33.8%.
Hanmi Financial's dividend yield is higher than the Financial Services sector average.