Central Pacific Financial (CPF) Raises Quarterly Dividend 14.3% to $0.16; 2.6% Yield

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Central Pacific Financial Corp. Reports $12.1 Million Second Quarter Earnings And Increases Quarterly Dividend

July 28, 2016 8:01 AM EDT

HONOLULU, July 28, 2016 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), (the "Company"), today reported net income for the second quarter of 2016 of $12.1 million, or $0.39 per diluted share, compared to net income in the second quarter of 2015 of $12.3 million, or $0.39 per diluted share, and net income in the first quarter of 2016 of $11.2 million, or $0.35 per diluted share.

"We continued to realize solid core earnings for the quarter, primarily driven by the strong growth in our loan... More