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Cathay General Bancorp (Cathay General Bancorp) 3-Year Dividend Growth Rate

: 3.10% (As of Dec. 2023)
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Cathay General Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.34.

The historical rank and industry rank for Cathay General Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

CATY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -54.3   Med: 9.95   Max: 141
Current: 3.1

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.

CATY's 3-Year Dividend Growth Rate is ranked worse than
72.14% of 779 companies
in the Banks industry
Industry Median: 7.5 vs CATY: 3.10

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cathay General Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.30. As of today, Cathay General Bancorp's Dividend Yield % is 3.88%.

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


Competitive Comparison

For the Banks - Regional subindustry, Cathay General Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Cathay General Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cathay General Bancorp's 3-Year Dividend Growth Rate falls into.



Cathay General Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cathay General Bancorp  (NAS:CATY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cathay General Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.34/ 1.138
=0.30

During the past 13 years, the highest Dividend Payout Ratio of Cathay General Bancorp was 0.43. The lowest was 0.17. And the median was 0.32.

2. 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 0.3402024-02-272024-02-282024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-11-282023-11-292023-12-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-08-292023-08-302023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-05-262023-05-302023-06-09Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.36/34.91
=3.90 %

Current Share Price is $34.91.
Cathay General Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.

During the past 13 years, the highest Dividend Yield of Cathay General Bancorp was 6.46%. The lowest was 0.14%. And the median was 2.48%.

* 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 3-Year Dividend Growth Rate Related Terms>


Cathay General Bancorp (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 primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.
Executives
Kim R Bingham officer: EVP - Chief Credit Officer CATHAY BANK, 777 NORTH BROADWAY, LOS ANGELES CA 90012
Richard Sun director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Anthony M Tang director, officer: EVP
May K. Chan officer: SVP, General Counsel 9650 FLAIR DRIVE, EL MONTE CA 91731
Peter Wu director, officer: Executive Vice Chairman/COO
Dunson K Cheng director, officer: Chairman & President
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

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