Hope Bancorp, Inc. (HOPE) Raises Quarterly Dividend 9.1% to $0.12; 2.8% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Hope Bancorp Increases Quarterly Cash Dividend to $0.12 Per Share
October 18, 2016 6:47 PM EDTLOS ANGELES, Oct. 18, 2016 (GLOBE NEWSWIRE) -- Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its Board of Directors approved a 9% increase in the quarterly cash dividend to $0.12 per share from $0.11 per share. The dividend is payable on or about November 11, 2016 to all stockholders of record as of the close of business on October 28, 2016.
We are pleased to announce our fourth consecutive annual increase in our cash dividend per share, underscoring our Board's commitment to enhancing shareholder returns, said President and Chief Executive Officer Kevin S. Kim. This dividend increase exemplifies our Board's optimism... More
