Cathay General Bancorp ( CATY ) will begin trading ex-dividend on November 30, 2015. A cash dividend payment of $0.18 per share is scheduled to be paid on December 14, 2015. Shareholders who purchased CATY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 28.57% increase over the prior quarter. At the current stock price of $34.47, the dividend yield is 2.09%.
The previous trading day's last sale of CATY was $34.47, representing a -0.81% decrease from the 52 week high of $34.75 and a 50.52% increase over the 52 week low of $22.90.
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 2015 as 17.25%, compared to an industry average of 10.7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.