Cathay General Bancorp Declares $0.34 Per Share Dividend

Rhea-AI Summary

Cathay General Bancorp (Nasdaq: CATY) has announced a cash dividend of $0.34 per common share.

The dividend will be payable on June 10, 2024, to stockholders who are on record as of May 30, 2024. This reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• Cathay General Bancorp declares a dividend of $0.34 per share.
• The dividend will be payable on June 10, 2024.
• Stockholders of record by May 30, 2024, will receive this dividend.
• The announcement demonstrates the company's commitment to shareholder returns.

Negative

• The press release does not mention any additional positive financial performance metrics or growth indicators.

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 June 10, 2024, to stockholders of record at the close of business on May 30, 2024.

ABOUT CATHAY GENERAL BANCORP

Cathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank, a 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 operate 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 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/20240516284322/en/

Heng W. Chen

(626) 279-3652

Source: Cathay General Bancorp

FAQ

What dividend did Cathay General Bancorp declare for 2024?

Cathay General Bancorp declared a $0.34 per share dividend.

When is the Cathay General Bancorp dividend payable?

The dividend is payable on June 10, 2024.

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

The record date for the dividend is May 30, 2024.

What is the stock symbol for Cathay General Bancorp?

The stock symbol for Cathay General Bancorp is CATY.