Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Rhea-AI Summary

Hope Bancorp (NASDAQ: HOPE) has announced a quarterly cash dividend declaration of $0.14 per common share. The dividend will be distributed to stockholders of record as of February 6, 2025, with payment scheduled for February 20, 2025.

Positive

• Consistent dividend payment demonstrates financial stability
• Quarterly dividend of $0.14 per share provides steady income stream to shareholders

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about February 20, 2025, to all stockholders of record as of the close of business on February 6, 2025.

About Hope Bancorp, Inc.

Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company of Bank of Hope, the first and only super regional Korean American bank in the United States with $17.05 billion in total assets as of December 31, 2024. Headquartered in Los Angeles and serving a multi-ethnic population of customers across the nation, the Bank provides a full suite of commercial, corporate and consumer loans, including commercial and commercial real estate lending, SBA lending, residential mortgage and other consumer lending; deposit and fee-based products and services; international trade financing; and cash management services, foreign currency exchange solutions, and interest rate derivative products, among others. Bank of Hope operates 46 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Alabama, and Georgia. The Bank also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices in the United States; and a representative office in Seoul, Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to www.bankofhope.com. By including the foregoing website address link, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250127845254/en/

Julianna Balicka

EVP & Chief Financial Officer

213-235-3235

julianna.balicka@bankofhope.com

Angie Yang

SVP, Director of Investor Relations & Corporate Communications

213-251-2219

angie.yang@bankofhope.com

Source: Hope Bancorp, Inc.

FAQ

When is Hope Bancorp's (HOPE) next dividend payment date?

Hope Bancorp's next dividend payment is scheduled for February 20, 2025.

What is Hope Bancorp's (HOPE) dividend amount for Q1 2025?

Hope Bancorp declared a quarterly dividend of $0.14 per common share for Q1 2025.

What is the record date for Hope Bancorp's (HOPE) February 2025 dividend?

The record date for Hope Bancorp's February 2025 dividend is February 6, 2025.

How often does Hope Bancorp (HOPE) pay dividends?

Hope Bancorp pays dividends on a quarterly basis.