Cathay General Bancorp ( CATY ) will begin trading ex-dividend on February 26, 2016. A cash dividend payment of $0.18 per share is scheduled to be paid on March 11, 2016. Shareholders who purchased CATY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 80% increase over the same period a year ago.
The previous trading day's last sale of CATY was $26.55, representing a -23.6% decrease from the 52 week high of $34.75 and a 4.53% increase over the 52 week low of $25.40.
CATY is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). CATY's current earnings per share, an indicator of a company's profitability, is $1.92. Zacks Investment Research reports CATY's forecasted earnings growth in 2016 as 1.85%, compared to an industry average of 11.6%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.