Cathay General Bancorp Declares $0.34 Per Share Dividend

Rhea-AI Summary

Cathay General Bancorp (Nasdaq: CATY) has announced that its Board of Directors has declared a cash dividend of $0.34 per common share. The dividend will be payable on March 10, 2025, to stockholders of record at the close of business on February 27, 2025.

Positive

• Maintains consistent dividend payment of $0.34 per share
• Demonstrates company's ability to return value to shareholders

Negative

• None.

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 March 10, 2025, to stockholders of record at the close of business on February 27, 2025.

ABOUT CATHAY GENERAL BANCORP

Cathay General Bancorp (Nasdaq: CATY) 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 nation in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. Overseas, it has a branch outlet in Hong Kong, and a representative office 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/20250214183459/en/

Heng W. Chen

(626) 279-3652

Source: Cathay General Bancorp

FAQ

What is the dividend amount declared by Cathay General Bancorp (CATY) for March 2025?

Cathay General Bancorp declared a cash dividend of $0.34 per common share for March 2025.

When is the payment date for CATY's latest dividend?

The dividend payment date is March 10, 2025.

What is the record date for Cathay General Bancorp's March 2025 dividend?

The record date for the dividend is February 27, 2025, at the close of business.

How much will CATY shareholders receive per share in the March 2025 dividend?

Shareholders will receive $0.34 per common share.