Hope Bancorp, Inc. (HOPE) Raises Quarterly Dividend 7.7% to $0.14; 3.2% Yield

Hope Bancorp, Inc. (NASDAQ: HOPE) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. This is a 7.7% increase from the prior dividend of $0.13.

The dividend will be payable on August 10, 2018, to stockholders of record on July 27, 2018, with an ex-dividend date of July 26, 2018.

The annual yield on the dividend is 3.2 percent.

“We are pleased to increase our cash dividend per share for the sixth consecutive year,” said President and Chief Executive Officer Kevin S. Kim. “This increase is a testament to our Board’s commitment to continuously enhance shareholder returns and underscores our confidence in executing our long-term growth strategies as one of the leading Asian-American banks in the United States.”

For a dividend history and other dividend-related data on Hope Bancorp, Inc. (HOPE) click here.

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