Cathay General Bancorp Declares $0.34 Per Share Dividend
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Cathay General Bancorp has declared a cash dividend of $0.34 per share, payable on December 9, 2024, to shareholders of record as of November 27, 2024.
November 15, 2024 | 9:45 pm
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Cathay General Bancorp has announced a $0.34 per share dividend, which is a positive signal for investors as it reflects the company's profitability and commitment to returning value to shareholders.
The declaration of a dividend is generally seen as a positive indicator of a company's financial health and its ability to generate cash flow. This announcement is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100