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CATY (Cathay General Bancorp) Forward Dividend Yield % : 2.97% (As of Oct. 31, 2024)


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What is Cathay General Bancorp Forward Dividend Yield %?

As of today (2024-10-31), the Forward Annual Dividend Yield of Cathay General Bancorp is 2.97%.

As of today (2024-10-31), the Trailing Annual Dividend Yield of Cathay General Bancorp is 2.97%.

CATY's Forward Dividend Yield % is ranked worse than
68.08% of 1228 companies
in the Banks industry
Industry Median: 3.89 vs CATY: 2.97

Cathay General Bancorp's Dividends per Share for the three months ended in Jun. 2024 was $0.34.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cathay General Bancorp was 141.00% per year. The lowest was -54.30% per year. And the median was 9.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cathay General Bancorp's Forward Dividend Yield %

For the Banks - Regional subindustry, Cathay General Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cathay General Bancorp's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cathay General Bancorp's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cathay General Bancorp's Forward Dividend Yield % falls into.



Cathay General Bancorp Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cathay General Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3400002024-08-292024-08-292024-09-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.3400002024-05-302024-05-302024-06-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.3400002024-02-272024-02-282024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.3400002023-11-282023-11-292023-12-11Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cathay General Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.36/46.00
=2.96 %

Current Share Price is $46.00.
Cathay General Bancorp's Dividends per Share for the forward twelve months is calculated as $0.34 * 4 = $1.36.

Cathay General Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.36/46.00
=2.96 %

Current Share Price is $46.00.
Cathay General Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cathay General Bancorp  (NAS:CATY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cathay General Bancorp Forward Dividend Yield % Related Terms

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Cathay General Bancorp Business Description

Traded in Other Exchanges
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
Executives
Dunson K Cheng director, officer: Chairman & President
Peter Wu director, officer: Executive Vice Chairman/COO
Kim R Bingham officer: EVP - Chief Credit Officer CATHAY BANK, 777 NORTH BROADWAY, LOS ANGELES CA 90012
Anthony M Tang director, officer: EVP
Richard Sun director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
May K. Chan officer: SVP, General Counsel 9650 FLAIR DRIVE, EL MONTE CA 91731
Shally Wang director 9650 FLAIR DRIVE, EL MONTE CA 91731
Irwin Wong officer: Executive Vice President
Jane H Jelenko director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Maan-huei Hung director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Lisa L. Kim officer: EVP, General Counsel EAST WEST BANCORP INC, 135 N. LOS ROBLES AVE., 7TH FL, PASADENA CA 91101
Chang Liu officer: EVP, Chief Operating Officer C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Kelly L Chan director
Mark Hakjoon Lee officer: EVP, Chief Credit Officer CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Patrick Lee director