East West Bancorp, Inc. ( EWBC ) will begin trading ex-dividend on July 28, 2016. A cash dividend payment of $0.2 per share is scheduled to be paid on August 15, 2016. Shareholders who purchased EWBC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that EWBC has paid the same dividend. At the current stock price of $34.9, the dividend yield is 2.29%.
The previous trading day's last sale of EWBC was $34.9, representing a -23.58% decrease from the 52 week high of $45.67 and a 28.07% increase over the 52 week low of $27.25.
EWBC is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). EWBC's current earnings per share, an indicator of a company's profitability, is $2.73. Zacks Investment Research reports EWBC's forecasted earnings growth in 2016 as 7.47%, compared to an industry average of 8.5%.
Interested in gaining exposure to EWBC through an Exchange Traded Fund [ETF]?
The following ETF(s) have EWBC as a top-10 holding:
- PowerShares KBW Regional Banking Portfolio ETF ( KBWR ).
The top-performing ETF of this group is KBWR with an increase of 7.85% over the last 100 days. It also has the highest percent weighting of EWBC at 3.65%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.