OP Bancorp's last quarterly dividend was on Feb 7, 2024 (ex-date) with a distribution of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 5.25% based on its recent close price.
OP Bancorp's dividend yield of 5.25% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.56%, OP Bancorp's dividend yield is 47% higher. Historically OPBK's dividend yield has averaged at 3.6% in the last 5 years, which is below the current yield.
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 4.3% since one year ago. And with the stock price up by 1.7% from a year ago, the dividend yield has grown by 2.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 7, 2024 | Feb 22, 2024 | Jan 25, 2024 | $0.12 | normal |
| Nov 8, 2023 | Nov 23, 2023 | Oct 26, 2023 | $0.12 | normal |
| Aug 9, 2023 | Aug 24, 2023 | Jul 27, 2023 | $0.12 | normal |
| May 10, 2023 | May 25, 2023 | Apr 27, 2023 | $0.12 | normal |
| Feb 8, 2023 | Feb 23, 2023 | Jan 26, 2023 | $0.12 | normal |
| Nov 9, 2022 | Nov 24, 2022 | Oct 27, 2022 | $0.12 | normal |
| 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 31% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 39.5%, OP Bancorp's payout ratio is 22% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.42% | $1.51 | 56.8% |
| NRIM Northrim Bancorp Inc | 5.35% | $2.41 | 53.2% |
| OPBK OP Bancorp | 5.25% | $0.48 | 31% |
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 May 2024.
OP Bancorp's last regular dividend was on Feb 7, 2024 (ex-date) with the amount of $0.12 per share.
OPBK has paid dividend of $0.48 per share in the last year.
OP Bancorp's current dividend yield is 5.25%.
OP Bancorp pays dividends quarterly.
OP Bancorp's dividend payout ratio is 31%.
OP Bancorp's dividend yield is above the Financial Services sector average.