Hope Bancorp, Inc. (HOPE) Raises Quarterly Dividend 9.1% to $0.12; 2.8% Yield

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Go back to Hope Bancorp, Inc. (HOPE) Raises Quarterly Dividend 9.1% to $0.12; 2.8% Yield

Hope Bancorp Increases Quarterly Cash Dividend to $0.12 Per Share

October 18, 2016 6:47 PM EDT

LOS 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