Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of December 31, 2021, the company operated 47 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Atlanta, Houston, Dallas, Denver, Portland, Seattle, Fremont, and Southern California; and a representative office in Seoul, Korea. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Hope Bancorp Dividend Announcement
• Hope Bancorp announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-08
• Hope Bancorp annual dividend for 2024 was $0.42
• Hope Bancorp annual dividend for 2023 was $0.56
• Hope Bancorp's trailing twelve-month (TTM) dividend yield is 4.53%
• Hope Bancorp's payout ratio for the trailing twelve months (TTM) is 62.52%
• Hope Bancorp's dividend growth over the last five years (2018-2023) was 0.73% year
• Hope Bancorp's dividend growth over the last ten years (2013-2023) was 8.40% year
Hope Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-08 | $0.14 | quarterly | 2024-08-22 |
| 2024-05-08 | $0.14 | quarterly | 2024-05-23 |
| 2024-02-08 | $0.14 | quarterly | 2024-02-23 |
| 2023-11-01 | $0.14 | quarterly | 2023-11-16 |
| 2023-08-02 | $0.14 | quarterly | 2023-08-17 |
| 2023-05-03 | $0.14 | quarterly | 2023-05-18 |
| 2023-02-01 | $0.14 | quarterly | 2023-02-16 |
| 2022-11-02 | $0.14 | quarterly | 2022-11-17 |
| 2022-07-28 | $0.14 | quarterly | 2022-08-12 |
| 2022-04-27 | $0.14 | quarterly | 2022-05-12 |
| 2022-02-02 | $0.14 | quarterly | 2022-02-17 |
| 2021-11-03 | $0.14 | quarterly | 2021-11-18 |
| 2021-07-29 | $0.14 | quarterly | 2021-08-13 |
| 2021-05-06 | $0.14 | quarterly | 2021-05-21 |
| 2021-02-04 | $0.14 | quarterly | 2021-02-19 |
| 2020-10-29 | $0.14 | quarterly | 2020-11-13 |
| 2020-08-07 | $0.14 | quarterly | 2020-08-24 |
| 2020-05-07 | $0.14 | quarterly | 2020-05-22 |
| 2020-02-06 | $0.14 | quarterly | 2020-02-21 |
| 2019-10-24 | $0.14 | quarterly | 2019-11-08 |
| 2019-07-25 | $0.14 | quarterly | 2019-08-09 |
| 2019-04-25 | $0.14 | quarterly | 2019-05-10 |
| 2019-01-31 | $0.14 | quarterly | 2019-02-15 |
| 2018-10-25 | $0.14 | quarterly | 2018-11-09 |
| 2018-07-26 | $0.14 | quarterly | 2018-08-10 |
| 2018-04-26 | $0.13 | quarterly | 2018-05-11 |
| 2018-02-02 | $0.13 | quarterly | 2018-02-19 |
| 2017-10-30 | $0.13 | quarterly | 2017-11-14 |
| 2017-07-27 | $0.13 | quarterly | 2017-08-14 |
| 2017-04-26 | $0.12 | quarterly | 2017-05-12 |
| 2017-02-01 | $0.12 | quarterly | 2017-02-17 |
| 2016-10-26 | $0.12 | quarterly | 2016-11-11 |
| 2016-07-06 | $0.11 | quarterly | 2016-07-22 |
| 2016-04-27 | $0.11 | quarterly | 2016-05-13 |
| 2016-02-03 | $0.11 | quarterly | 2016-02-19 |
| 2015-10-28 | $0.11 | quarterly | 2015-11-13 |
| 2015-07-29 | $0.11 | quarterly | 2015-08-14 |
| 2015-04-29 | $0.10 | quarterly | 2015-05-15 |
| 2015-02-04 | $0.10 | quarterly | 2015-02-20 |
| 2014-10-29 | $0.10 | quarterly | 2014-11-14 |
| 2014-07-30 | $0.10 | quarterly | 2014-08-15 |
| 2014-04-30 | $0.07 | quarterly | 2014-05-16 |
| 2014-02-05 | $0.07 | quarterly | 2014-02-21 |
| 2013-10-30 | $0.07 | quarterly | 2013-11-15 |
| 2013-07-31 | $0.07 | quarterly | 2013-08-16 |
| 2013-05-01 | $0.05 | quarterly | 2013-05-17 |
| 2013-02-06 | $0.05 | quarterly | 2013-02-22 |
Hope Bancorp Dividend per year
Hope Bancorp Dividend growth
Hope Bancorp Dividend Yield
Hope Bancorp current trailing twelve-month (TTM) dividend yield is 4.53%. Interested in purchasing Hope Bancorp stock? Use our calculator to estimate your expected dividend yield:
Hope Bancorp Financial Ratios
P/E ratio13.85
PEG ratio0.58
P/B ratio0.71
ROE5.14%
Payout ratio62.52%
Current ratio0.05
Quick ratio0.10
Cash Ratio0.05
Hope Bancorp Dividend FAQ
How much is the next Hope Bancorp dividend?
Hope Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hope Bancorp dividend. The next Hope Bancorp dividend will be released in February, May, August, or November.
When is Hope Bancorp dividend paid?
Hope Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hope Bancorp pay?
The specific amount of Hope Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hope Bancorp's dividend history.
Does Hope Bancorp stock pay dividends?
Yes, Hope Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hope Bancorp's dividend history.
How much dividend does Hope Bancorp pay?
Hope Bancorp paid $0.42 in 2024, $0.56 in 2023, $0.56 in 2022, $0.56 in 2021, and $0.56 in 2020.
How often does Hope Bancorp pay dividends?
Hope Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Hope Bancorp's dividend yield?
The current dividend yield for Hope Bancorp is 4.53%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hope Bancorp's exact dividend yield.
When does Hope Bancorp go ex dividend?
Hope Bancorp's ex-dividend date for the latest dividend was on 2024-08-08. Hope Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hope Bancorp dividend paid?
Hope Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Hope Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hope Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hope Bancorp dividend per share?
Hope Bancorp paid $0.42 per share in 2024 and $0.56 per share in 2023. The amount of dividend per share that Hope Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hope Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hope Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hope Bancorp a dividend stock?
Yes, Hope Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hope Bancorp a good dividend stock?
Whether Hope Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hope Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hope 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.
Other factors to consider when evaluating Hope 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.
Does Hope Bancorp pay dividends monthly?
Hope Bancorp typically pays dividends on a quarterly basis.
Does Hope Bancorp pay dividends quarterly?
Hope Bancorp currently pays dividends on a quarterly basis.
Has Hope Bancorp ever paid a dividend?
Yes, Hope Bancorp has a history of paying dividends to its shareholders. Hope Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hope Bancorp dividend stocks?
To buy Hope Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Hope Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Hope Bancorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Hope Bancorp pay dividends 2024?
Hope Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hope Bancorp increase its dividend in 2024?
Decisions regarding Hope Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hope Bancorp dividend overview you can look into the above table of dividend history.
How Hope Bancorp dividend works?
The Hope Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hope Bancorp's dividend process works:
1. Determination of Dividend: Hope 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, Hope 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, Hope 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 Hope 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. Determination of Dividend: Hope 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, Hope 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, Hope 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 Hope 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.
How are Hope Bancorp dividends paid?
Hope Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hope 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, Hope 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: Hope 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.
1. Record Date: Hope 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, Hope 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: Hope 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.
How many times does Hope Bancorp pay dividends?
Hope Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hope Bancorp pay dividends?
The general pattern is that Hope Bancorp pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hope Bancorp dividend safe?
The safety of Hope Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Hope 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 Hope 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.
To assess the safety of Hope 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 Hope 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.