Cathay General Bancorp
CATYFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
2.54%
Annual Dividend
$1.52
Payout Ratio
28%
5-Yr Growth
1.9%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Key facts about CATY's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Cathay General Bancorp (CATY) has a forward dividend yield of 2.54%, based on an annual dividend of $1.52 per share and a share price of $59.96.
- As of Oct 18, 2026, CATY's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
- CATY last cut its regular dividend in 2009.
- CATY's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.38 per share.
- As of Oct 18, 2026, CATY pays out 28% of its trailing 12-month earnings as dividends (its payout ratio).
- CATY's dividend has grown at an average rate of 1.9% a year over the past five years.
- As of Oct 18, 2026, CATY's 2.54% yield is 22% below its five-year average yield of 3.26%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CATY is $81.68 per share, 36% above the $59.96 share price, so CATY screens as undervalued.
- Cathay General Bancorp (CATY) pays its dividend quarterly, 4 times a year.
- Cathay General Bancorp (CATY) has raised its regular dividend 17 times and cut it 2 times across the 141 payments on record since 1991. Its most recent change was a 11.8% increase to $0.380 per share, going ex-dividend on Feb 26, 2026. The last cut went ex-dividend on Aug 6, 2009.
Cite this page
SmarterDividends, "CATY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CATY
Summary
As of Oct 18, 2026, Cathay General Bancorp (CATY) yields 2.54% ($1.52 a year per share) and has a dividend safety grade of A (91/100).
Is CATY a good dividend stock?
YesCathay General Bancorp (CATY) pays a quarterly dividend yielding 2.54% ($1.52/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (28%)
- 43% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 2.54%
- Payout Ratio
- 28%
- Annual Dividend
- $1.52
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.88
- Market Cap
- $4.0B
- P/E Ratio
- 11.7
- 5-Yr Total Return
- 43%
- 52-Week Range
- $44.57 – $65.26
- Dividend Safety
- A · 91/100
- Ever Cut?
- Yes (2009)
CATY dividend raises and cuts
Cathay General Bancorp (CATY) has raised its regular dividend 17 times and cut it 2 times across the 141 payments on record since 1991. Its most recent change was a 11.8% increase to $0.380 per share, going ex-dividend on Feb 26, 2026. The last cut went ex-dividend on Aug 6, 2009.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 26, 2026 | Raise | $0.340 → $0.380 | +11.8% |
| Nov 26, 2021 | Raise | $0.310 → $0.340 | +9.7% |
| Nov 30, 2018 | Raise | $0.240 → $0.310 | +29.2% |
| Nov 30, 2017 | Raise | $0.210 → $0.240 | +14.3% |
| Nov 29, 2016 | Raise | $0.180 → $0.210 | +16.7% |
| Nov 30, 2015 | Raise | $0.140 → $0.180 | +28.6% |
| May 29, 2015 | Raise | $0.100 → $0.140 | +40.0% |
| Nov 28, 2014 | Raise | $0.0700 → $0.100 | +42.9% |
| May 29, 2014 | Raise | $0.0500 → $0.0700 | +40.0% |
| Nov 27, 2013 | Raise | $0.0100 → $0.0500 | +400.0% |
| Aug 6, 2009 | Cut | $0.0800 → $0.0100 | −87.5% |
| Apr 30, 2009 | Cut | $0.105 → $0.0800 | −23.8% |
Show all 19 changes since 1992
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 11, 2007 | Raise | $0.0900 → $0.105 | +16.7% |
| Oct 8, 2004 | Raise | $0.0700 → $0.0900 | +28.6% |
| Mar 27, 2002 | Raise | $0.0625 → $0.0700 | +12.0% |
| Oct 10, 2000 | Raise | $0.0525 → $0.0625 | +19.0% |
| Apr 8, 1999 | Raise | $0.0438 → $0.0525 | +20.0% |
| Oct 9, 1997 | Raise | $0.0375 → $0.0438 | +16.7% |
| Jul 6, 1992 | Raise | $0.0313 → $0.0375 | +20.0% |
Frequently Asked Questions
Is CATY a good dividend stock?
Yes. Cathay General Bancorp (CATY) pays a quarterly dividend yielding 2.54% ($1.52/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CATY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CATY's fair value is about $81.68 versus a $59.96 share price — so it looks undervalued (+36% vs. fair value).
Is CATY's dividend safe?
CATY has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2009, debt and yield-versus-history.
What is CATY's fair value?
Our blended fair-value estimate for CATY is about $81.68 per share, roughly 36% above the current $59.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CATY a buy, hold, or sell?
We don't issue formal ratings, but on the data CATY screens as "yes" and undervalued. Cathay General Bancorp (CATY) pays a quarterly dividend yielding 2.54% ($1.52/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CATY cut its dividend?
CATY earns a dividend-safety grade of A (91/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CATY pay a dividend?
Yes. Cathay General Bancorp pays a quarterly dividend of about $1.52 per share annually, a forward yield of roughly 2.54%.
What is CATY's dividend yield?
As of Oct 18, 2026, CATY's forward dividend yield is 2.54%, based on a $1.52 annual dividend and a $59.96 share price.
What is CATY's dividend per share?
As of Oct 18, 2026, CATY pays $1.52 per share per year, distributed on a quarterly basis.
What is CATY's dividend payout ratio?
As of Oct 18, 2026, CATY's payout ratio is 28% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has CATY grown its dividend?
CATY does not currently have a long dividend-growth streak on record.
When is the next CATY ex-dividend date?
As of Oct 18, 2026, CATY's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.38 per share.
CATY Price — Last 12 Months
Daily close
Price Return
1 Year
+24%
3 Years
+63%
5 Years
+43%
52-Week Range
$44.57 – $65.26
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CATY worth?
Undervaluedlow confidenceOur blended fair-value estimate for Cathay General Bancorp is $81.68 per share, versus a market price of $59.96. That implies 36% of upside — a margin of safety of about 27%.
Fair Value
$81.68
Current Price
$59.96
Upside
+36%
Margin of Safety
27%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.7% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $5.12 EPS, $1.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CATY Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CATY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | Sep 8, 2026 | $0.3800 | regular |
| May 28, 2026 | Jun 9, 2026 | $0.3800 | regular |
| Feb 26, 2026 | Mar 9, 2026 | $0.3800 | regular |
| Dec 1, 2025 | Dec 11, 2025 | $0.3400 | regular |
| Aug 28, 2025 | Sep 8, 2025 | $0.3400 | regular |
| May 29, 2025 | Jun 9, 2025 | $0.3400 | regular |
| Feb 27, 2025 | Mar 10, 2025 | $0.3400 | regular |
| Nov 27, 2024 | Dec 9, 2024 | $0.3400 | regular |
| Aug 29, 2024 | Sep 9, 2024 | $0.3400 | regular |
| May 30, 2024 | Jun 10, 2024 | $0.3400 | regular |
| Feb 27, 2024 | Mar 11, 2024 | $0.3400 | regular |
| Nov 28, 2023 | Dec 11, 2023 | $0.3400 | regular |
| Aug 29, 2023 | Sep 11, 2023 | $0.3400 | regular |
| May 26, 2023 | Jun 9, 2023 | $0.3400 | regular |
Income Calculator
At $1.52 / yr per share
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