Hanmi Financial (HAFC) Lowers Quarterly Dividend 50% to $0.12; 4% Yield

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Hanmi Financial Declares Cash Dividend of $0.12 per Share

May 1, 2020 9:00 AM EDT

LOS ANGELES, May 01, 2020 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (Hanmi), the holding company for Hanmi Bank, today announced that in response to the uncertainty surrounding the COVID-19 pandemic, its Board of Directors has decided to reduce its quarterly cash dividend on its common shares for the second quarter to $0.12 per share.  The dividend will be paid on May 29, 2020, to stockholders of record as of the close of business on May 11, 2020. Hanmi believes the dividend reduction is the most prudent course of action as it continues to monitor the... More