East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.
East West Bancorp Dividend Announcement
• East West Bancorp announced a quarterly dividend of $0.55 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-04
• East West Bancorp annual dividend for 2024 was $2.20
• East West Bancorp annual dividend for 2023 was $1.92
• East West Bancorp's trailing twelve-month (TTM) dividend yield is 2.14%
• East West Bancorp's payout ratio for the trailing twelve months (TTM) is 26.98%
• East West Bancorp's dividend growth over the last five years (2018-2023) was 17.42% year
• East West Bancorp's dividend growth over the last ten years (2013-2023) was 12.33% year
East West Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | $0.55 | quarterly | 2024-11-15 |
2024-08-02 | $0.55 | quarterly | 2024-08-16 |
2024-05-02 | $0.55 | quarterly | 2024-05-17 |
2024-02-01 | $0.55 | quarterly | 2024-02-15 |
2023-10-31 | $0.48 | quarterly | 2023-11-15 |
2023-07-31 | $0.48 | quarterly | 2023-08-15 |
2023-04-28 | $0.48 | quarterly | 2023-05-15 |
2023-02-03 | $0.48 | quarterly | 2023-02-21 |
2022-10-31 | $0.40 | quarterly | 2022-11-15 |
2022-07-29 | $0.40 | quarterly | 2022-08-15 |
2022-04-29 | $0.40 | quarterly | 2022-05-16 |
2022-02-04 | $0.40 | quarterly | 2022-02-22 |
2021-10-29 | $0.33 | quarterly | 2021-11-15 |
2021-07-30 | $0.33 | quarterly | 2021-08-16 |
2021-04-30 | $0.33 | quarterly | 2021-05-17 |
2021-02-08 | $0.33 | quarterly | 2021-02-23 |
2020-10-30 | $0.28 | quarterly | 2020-11-16 |
2020-08-03 | $0.28 | quarterly | 2020-08-17 |
2020-05-01 | $0.28 | quarterly | 2020-05-15 |
2020-01-31 | $0.28 | quarterly | 2020-02-14 |
2019-10-31 | $0.28 | quarterly | 2019-11-15 |
2019-07-31 | $0.28 | quarterly | 2019-08-15 |
2019-04-30 | $0.28 | quarterly | 2019-05-15 |
2019-02-01 | $0.23 | quarterly | 2019-02-15 |
2018-10-31 | $0.23 | quarterly | 2018-11-15 |
2018-07-31 | $0.23 | quarterly | 2018-08-15 |
2018-04-30 | $0.20 | quarterly | 2018-05-15 |
2018-02-02 | $0.20 | quarterly | 2018-02-15 |
2017-10-31 | $0.20 | quarterly | 2017-11-15 |
2017-07-28 | $0.20 | quarterly | 2017-08-15 |
2017-04-27 | $0.20 | quarterly | 2017-05-15 |
2017-01-30 | $0.20 | quarterly | 2017-02-15 |
2016-10-28 | $0.20 | quarterly | 2016-11-15 |
2016-07-28 | $0.20 | quarterly | 2016-08-15 |
2016-05-02 | $0.20 | quarterly | 2016-05-16 |
2016-01-28 | $0.20 | quarterly | 2016-02-16 |
2015-10-29 | $0.20 | quarterly | 2015-11-16 |
2015-07-30 | $0.20 | quarterly | 2015-08-17 |
2015-04-29 | $0.20 | quarterly | 2015-05-15 |
2015-01-29 | $0.20 | quarterly | 2015-02-17 |
2014-10-30 | $0.18 | quarterly | 2014-11-17 |
2014-07-30 | $0.18 | quarterly | 2014-08-15 |
2014-04-30 | $0.18 | quarterly | 2014-05-19 |
2014-01-30 | $0.18 | quarterly | 2014-02-18 |
2013-10-29 | $0.15 | quarterly | 2013-11-15 |
2013-07-29 | $0.15 | quarterly | 2013-08-15 |
2013-04-24 | $0.15 | quarterly | 2013-05-13 |
2013-02-06 | $0.15 | quarterly | 2013-02-22 |
East West Bancorp Dividend per year
East West Bancorp Dividend growth
East West Bancorp Dividend Yield
East West Bancorp current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing East West Bancorp stock? Use our calculator to estimate your expected dividend yield:
East West Bancorp Financial Ratios
East West Bancorp Dividend FAQ
Other factors to consider when evaluating East West Bancorp 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: East West Bancorp'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, East West Bancorp 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, East West Bancorp 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 East West Bancorp 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: East West Bancorp 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, East West Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: East West Bancorp 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 East West Bancorp'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 East West Bancorp'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.