Cathay General Bancorp Declares $0.34 Per Share Dividend
Cathay General Bancorp (CATY) Declares Cash Dividend of 34 Cents per Share
Positive
The announcement of a cash dividend indicates the company's financial stability and commitment to rewarding shareholders.
The dividend amount of 34 cents per common share reflects the company's profitability and potential for future growth.
11/16/2023 - 09:47 PM
LOS ANGELES --(BUSINESS WIRE)--
Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on December 11, 2023, to stockholders of record at the close of business on November 29, 2023.
ABOUT CATHAY GENERAL BANCORP
Cathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank, a California state-chartered bank. Cathay General Bancorp’s website is at www.cathaygeneralbancorp.com . Founded in 1962, Cathay Bank offers a wide range of financial services and currently operates over 60 branches across the United States in California , New York , Washington , Texas , Illinois , Massachusetts , Maryland , Nevada , and New Jersey . Overseas, it has a branch outlet in Hong Kong , and representative offices in Beijing , Shanghai , and Taipei . To learn more about Cathay Bank, please visit www.cathaybank.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20231116462511/en/
Heng W. Chen
Source: Cathay General Bancorp
What is the dividend amount declared by Cathay General Bancorp?
Cathay General Bancorp declared a cash dividend of thirty-four cents per common share.
When will the dividend be payable?
The dividend will be payable on December 11, 2023.
Who are eligible to receive the dividend?
Stockholders of record at the close of business on November 29, 2023, are eligible to receive the dividend.
CATY Rankings
#3686 Ranked by Stock Gains
CATY Stock Data
Industry
Commercial Banking
Sector
Finance and Insurance
Tags
Finance, Regional Banks, Finance and Insurance, Commercial Banking
Country
US
City
Los Angeles
About CATY
in 1962, cathay bank opened for business with the mission of providing financial services to the growing but underserved chinese-american community in the greater los angeles area, thus becoming the first chinese-american bank in southern california. recognizing that the community it served was part of a more diverse one, cathay bank adopted the motto "an open door for all." its rapid expansion was fueled by successive waves of immigration, burgeoning trade between america and asia, and the economic development of the surrounding community. today, cathay bank is a subsidiary of cathay general bancorp (nasdaq: caty), a publicly held bank holding company. its service network extends from the west coast to new york and massachusetts on the eastern seaboard, north to the state of washington, and south to texas. overseas, it has a presence in the three important commercial centers in the asian-pacific rim—hong kong, taipei, and shanghai. cathay bank, with years of history and experience,
