Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit. The company's lending activities comprise commercial loans, financial and agricultural loans, commercial and residential mortgages, and construction loans to small and medium-sized companies, business professionals, and real estate investors and developers, as well as home equity, and consumer loans to local homebuyers and individuals. It also provides debit cards, internet and mobile banking, cash management, full-service ATMs, digital banking services, traveler's checks, safe deposit boxes, international banking services, night depository facilities, foreign exchange and wire transfers, trust services, and retail brokerage services. In addition, the company offers wealth management products and services, including non-deposit investment products, annuities, insurance, investment management, asset custody, and general consultation and planning services. As of December 31, 2021, it operated 30 branches and 69 automated teller machines in the state of Hawaii. The company was incorporated in 1954 and is headquartered in Honolulu, Hawaii.
Central Pacific Financial Dividend Announcement
• Central Pacific Financial announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• Central Pacific Financial annual dividend for 2024 was $1.04
• Central Pacific Financial annual dividend for 2023 was $1.04
• Central Pacific Financial's trailing twelve-month (TTM) dividend yield is 3.36%
• Central Pacific Financial's payout ratio for the trailing twelve months (TTM) is 49.42%
• Central Pacific Financial's dividend growth over the last five years (2018-2023) was 4.87% year
• Central Pacific Financial's dividend growth over the last ten years (2013-2023) was 20.58% year
Central Pacific Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.26 | quarterly | 2024-12-16 |
2024-08-30 | $0.26 | quarterly | 2024-09-16 |
2024-05-31 | $0.26 | quarterly | 2024-06-17 |
2024-02-28 | $0.26 | quarterly | 2024-03-15 |
2023-11-29 | $0.26 | quarterly | 2023-12-15 |
2023-08-30 | $0.26 | quarterly | 2023-09-15 |
2023-05-30 | $0.26 | quarterly | 2023-06-15 |
2023-02-27 | $0.26 | quarterly | 2023-03-15 |
2022-11-29 | $0.26 | quarterly | 2022-12-15 |
2022-08-30 | $0.26 | quarterly | 2022-09-15 |
2022-05-27 | $0.26 | quarterly | 2022-06-15 |
2022-02-25 | $0.26 | quarterly | 2022-03-15 |
2021-11-29 | $0.25 | quarterly | 2021-12-15 |
2021-08-30 | $0.24 | quarterly | 2021-09-15 |
2021-05-27 | $0.24 | quarterly | 2021-06-15 |
2021-02-25 | $0.23 | quarterly | 2021-03-15 |
2020-11-27 | $0.23 | quarterly | 2020-12-15 |
2020-08-28 | $0.23 | quarterly | 2020-09-15 |
2020-05-28 | $0.23 | quarterly | 2020-06-15 |
2020-02-27 | $0.23 | quarterly | 2020-03-16 |
2019-11-27 | $0.23 | quarterly | 2019-12-16 |
2019-08-29 | $0.23 | quarterly | 2019-09-16 |
2019-05-30 | $0.23 | quarterly | 2019-06-17 |
2019-02-27 | $0.21 | quarterly | 2019-03-15 |
2018-11-29 | $0.21 | quarterly | 2018-12-17 |
2018-08-30 | $0.21 | quarterly | 2018-09-17 |
2018-05-30 | $0.21 | quarterly | 2018-06-15 |
2018-02-27 | $0.19 | quarterly | 2018-03-15 |
2017-11-29 | $0.18 | quarterly | 2017-12-15 |
2017-08-29 | $0.18 | quarterly | 2017-09-15 |
2017-05-26 | $0.18 | quarterly | 2017-06-15 |
2017-02-24 | $0.16 | quarterly | 2017-03-15 |
2016-11-28 | $0.16 | quarterly | 2016-12-15 |
2016-08-29 | $0.16 | quarterly | 2016-09-15 |
2016-05-26 | $0.14 | quarterly | 2016-06-15 |
2016-02-25 | $0.14 | quarterly | 2016-03-15 |
2015-11-25 | $0.46 | quarterly | 2015-12-15 |
2015-08-27 | $0.12 | quarterly | 2015-09-15 |
2015-05-27 | $0.12 | quarterly | 2015-06-15 |
2015-02-25 | $0.12 | quarterly | 2015-03-16 |
2014-08-27 | $0.10 | quarterly | 2014-09-15 |
2014-05-28 | $0.08 | quarterly | 2014-06-16 |
2014-02-26 | $0.08 | quarterly | 2014-03-17 |
2013-11-26 | $0.08 | quarterly | 2013-12-16 |
2013-08-28 | $0.08 | quarterly | 2013-09-16 |
Central Pacific Financial Dividend per year
Central Pacific Financial Dividend growth
Central Pacific Financial Dividend Yield
Central Pacific Financial current trailing twelve-month (TTM) dividend yield is 3.36%. Interested in purchasing Central Pacific Financial stock? Use our calculator to estimate your expected dividend yield:
Central Pacific Financial Financial Ratios
Central Pacific Financial Dividend FAQ
Other factors to consider when evaluating Central Pacific Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Central Pacific Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Central Pacific Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Central Pacific Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Central Pacific Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Central Pacific Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Central Pacific Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Central Pacific Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Central Pacific Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Central Pacific Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.