Cathay General Bancorp, the holding company for Cathay Bank, currently pays a quarterly dividend of $0.38 per share, yielding 2.57%, which matches the Banks-West industry average and exceeds the S&P 500's 1.43%. The company's annualized dividend of $1.52 per share represents an 11.8% increase from the prior year, and it has raised its dividend once over the past five years for an average annual increase of 2.11%. Cathay General's payout ratio stands at 31% of trailing twelve-month earnings per share, and the Zacks Consensus Estimate for fiscal 2026 earnings is $5.40 per share, implying year-over-year growth of 18.94%. The stock has gained 22.11% year-to-date and carries a Zacks Rank of 3, or Hold.
Cathay General BancorpThe article highlights a 2.57% dividend yield, 11.8% annualized dividend growth, low payout ratio, and strong earnings growth, all positive financial metrics.