OP Bancorp's last quarterly dividend was on Aug 10, 2022 (ex-date) with a distribution of $0.12 per share. On an annualized basis, the company has a current payout of $0.42 per share. This brings the dividend yield to 3.59% based on its recent close price. The latest dividend has grown by $0.02, or 20% from the previous dividend.
OP Bancorp's dividend yield of 3.59% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.81%, OP Bancorp's dividend yield is 28% higher.
OP Bancorp has been paying dividends since 2019. OPBK has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 50% since one year ago. And with the stock price up by 13% from a year ago, the dividend yield has grown by 32%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 10, 2022 | Aug 25, 2022 | Jul 28, 2022 | $0.12 | normal |
| May 11, 2022 | May 26, 2022 | Apr 28, 2022 | $0.1 | normal |
| Feb 9, 2022 | Feb 24, 2022 | Jan 27, 2022 | $0.1 | normal |
| Nov 9, 2021 | Nov 25, 2021 | Oct 28, 2021 | $0.1 | normal |
| Aug 4, 2021 | Aug 19, 2021 | Jul 22, 2021 | $0.07 | normal |
| May 5, 2021 | May 20, 2021 | Apr 22, 2021 | $0.07 | normal |
| Feb 10, 2021 | Feb 25, 2021 | Jan 28, 2021 | $0.07 | normal |
| Nov 5, 2020 | Nov 20, 2020 | Oct 22, 2020 | $0.07 | normal |
| Aug 5, 2020 | Aug 20, 2020 | Jul 23, 2020 | $0.07 | normal |
| May 6, 2020 | May 21, 2020 | Apr 23, 2020 | $0.07 | normal |
| Feb 5, 2020 | Feb 20, 2020 | Jan 23, 2020 | $0.07 | normal |
| Nov 6, 2019 | Nov 21, 2019 | Oct 24, 2019 | $0.05 | normal |
| Aug 8, 2019 | Aug 23, 2019 | Jul 25, 2019 | $0.05 | normal |
| May 9, 2019 | May 24, 2019 | Apr 26, 2019 | $0.05 | normal |
| Feb 6, 2019 | Feb 21, 2019 | Jan 25, 2019 | $0.05 | normal |
OP Bancorp's payout ratio of 18.9% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.1%, OP Bancorp's payout ratio is 37% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OPBK OP Bancorp | 3.59% | $0.42 | 18.9% |
| NBTB Nbt Bancorp Inc | 2.86% | $1.14 | 32.5% |
| NBHC National Bank Holdings Corp | 2.35% | $0.91 | 34.1% |
Yes, OP Bancorp has paid four dividends in the last 12 months. OPBK has been paying dividends since 2019.
OPBK hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2022.
OP Bancorp's last regular dividend was on Aug 10, 2022 (ex-date) with the amount of $0.12 per share.
OPBK has paid dividend of $0.42 per share in the last year.
OP Bancorp's current dividend yield is 3.59%.
OP Bancorp pays dividends quarterly.
OP Bancorp's dividend payout ratio is 18.9%.
OP Bancorp's dividend yield is above the Financial Services sector average.