CATY (Cathay General Bancorp) Dividend Payout Ratio : 0.36 (As of Sep. 2024)

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What is Cathay General Bancorp Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Cathay General Bancorp's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.36.

The historical rank and industry rank for Cathay General Bancorp's Dividend Payout Ratio or its related term are showing as below:

CATY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.32 Max: 0.43
Current: 0.34

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.

CATY's Dividend Payout Ratio is ranked better than
52.17% of 1154 companies
in the Banks industry
Industry Median: 0.34 vs CATY: 0.34

As of today (2024-12-12), the Dividend Yield % of Cathay General Bancorp is 2.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cathay General Bancorp was 6.46%. The lowest was 0.93%. And the median was 2.96%.

Cathay General Bancorp's Dividends per Share for the months ended in Sep. 2024 was $0.34.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Cathay General Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Cathay General Bancorp's Dividend Payout Ratio can be seen below:

* 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.

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Cathay General Bancorp Dividend Payout Ratio Chart

Cathay General Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.36

0.43

0.33

0.28

Cathay General Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.30	0.30	0.35	0.37	0.36

Competitive Comparison of Cathay General Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Cathay General Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cathay General Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cathay General Bancorp's Dividend Payout Ratio falls into.

Cathay General Bancorp Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.36	/	4.868
	=	0.28

Cathay General Bancorp's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.34	/	0.94
	=	0.36

Cathay General Bancorp (NAS:CATY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Cathay General Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cathay General Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Cathay General Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cathay General Bancorp (NAS:CATY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CN7:Germany

Address

777 North Broadway, Los Angeles, CA, USA, 90012

Website

https://www.cathaybank.com

Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.

Executives

Peter Wu	director, officer: Executive Vice Chairman/COO
Anthony M Tang	director, officer: EVP
Dunson K Cheng	director, officer: Chairman & President
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
May K. Chan	officer: SVP, General Counsel	9650 FLAIR DRIVE, EL MONTE CA 91731
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