Hanmi Financial (HAFC) Raises Quarterly Dividend 35.7% to $0.19; 3% Yield

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Hanmi Financial Increases Quarterly Cash Dividend By 36%

July 28, 2016 9:05 AM EDT

LOS ANGELES, July 28, 2016 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (Hanmi), the holding company for Hanmi Bank, today announced that its Board of Directors declared a cash dividend on its common stock for the 2016 third quarter of $0.19 per share, up 35.7% from $0.14 per share in the prior quarter.  The dividend will be paid on August 23, 2016, to stockholders of record as of the close of business on August 8, 2016.  

The 36% increase in our quarterly dividend reflects Hanmis recent strong financial performance and our Boards confidence in the Banks future growth prospects, said Mr. C. G.... More