Investors eyeing a slice of Cathay General Bancorp’s (NASDAQ:CATY) upcoming dividend have until the ex-dividend date of November 28 to acquire shares, positioning them to receive a payout on December 11. The bank is distributing $0.34 per share, underlining its commitment to sustainable shareholder value with a conservative payout ratio of 27%.

Cathay General has cultivated a reputation for prudent financial management and consistent shareholder rewards. The institution has raised its dividends by an average annual rate of 42% over the past decade, alongside robust earnings growth at an annual rate of 18% over five years. With a current share price of $36.68 and a historical yield of 3.7%, investors are poised for continued returns from the company’s stable dividends and potential long-term capital gains, without concern for equity dilution.

The scheduled dividend distribution reflects Cathay General’s strategic focus on long-term value and stability, making it an appealing prospect for investors looking for reliable income streams combined with growth opportunities.