OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice. In addition, it offers debit and credit card, online transfer and bill payment, electronic delivery of customer statements, and mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay; direct deposits, cashier's checks, person to person payments, wire transfers, and automated clearing house (ACH) services; and cash management services, including balance reporting, transfers between accounts, wire transfer initiation, ACH origination, and stop payment services, as well as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. As of January 27, 2022, the company operated nine full branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Gardena, Buena Park, and Santa Clara in California; and Carrollton, Texas. It also had four loan production offices in Atlanta, Georgia; Aurora, Colorado; and Lynnwood and Seattle in Washington. The company was founded in 2005 and is headquartered in Los Angeles, California.
OP Bancorp Dividend Announcement
• OP Bancorp announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-07
• OP Bancorp annual dividend for 2024 was $0.48
• OP Bancorp annual dividend for 2023 was $0.48
• OP Bancorp's trailing twelve-month (TTM) dividend yield is 2.74%
• OP Bancorp's payout ratio for the trailing twelve months (TTM) is 33.69%
OP Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-07 | $0.12 | quarterly | 2024-11-21 |
| 2024-08-08 | $0.12 | quarterly | 2024-08-22 |
| 2024-05-08 | $0.12 | quarterly | 2024-05-23 |
| 2024-02-07 | $0.12 | quarterly | 2024-02-22 |
| 2023-11-08 | $0.12 | quarterly | 2023-11-23 |
| 2023-08-09 | $0.12 | quarterly | 2023-08-24 |
| 2023-05-10 | $0.12 | quarterly | 2023-05-25 |
| 2023-02-08 | $0.12 | quarterly | 2023-02-23 |
| 2022-11-09 | $0.12 | quarterly | 2022-11-24 |
| 2022-08-10 | $0.12 | quarterly | 2022-08-25 |
| 2022-05-11 | $0.10 | quarterly | 2022-05-26 |
| 2022-02-09 | $0.10 | quarterly | 2022-02-24 |
| 2021-11-09 | $0.10 | quarterly | 2021-11-25 |
| 2021-08-04 | $0.10 | quarterly | 2021-08-19 |
| 2021-05-05 | $0.07 | quarterly | 2021-05-20 |
| 2021-02-10 | $0.07 | quarterly | 2021-02-25 |
| 2020-11-05 | $0.07 | quarterly | 2020-11-20 |
| 2020-08-05 | $0.07 | quarterly | 2020-08-20 |
| 2020-05-06 | $0.07 | quarterly | 2020-05-21 |
| 2020-02-05 | $0.07 | quarterly | 2020-02-20 |
| 2019-11-06 | $0.05 | quarterly | 2019-11-21 |
| 2019-08-08 | $0.05 | quarterly | 2019-08-23 |
| 2019-05-09 | $0.05 | quarterly | 2019-05-24 |
| 2019-02-06 | $0.05 | quarterly | 2019-02-21 |
OP Bancorp Dividend per year
OP Bancorp Dividend growth
OP Bancorp Dividend Yield
OP Bancorp current trailing twelve-month (TTM) dividend yield is 2.74%. Interested in purchasing OP Bancorp stock? Use our calculator to estimate your expected dividend yield:
OP Bancorp Financial Ratios
P/E ratio12.21
PEG ratio0.12
P/B ratio1.28
ROE10.81%
Payout ratio33.69%
Current ratio271.31
Quick ratio271.31
Cash Ratio19.81
OP Bancorp Dividend FAQ
How much is the next OP Bancorp dividend?
OP 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 OP Bancorp dividend. The next OP Bancorp dividend will be released in February, May, August, or November.
When is OP Bancorp dividend paid?
OP 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 OP Bancorp pay?
The specific amount of OP 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 OP Bancorp's dividend history.
Does OP Bancorp stock pay dividends?
Yes, OP 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 OP Bancorp's dividend history.
How much dividend does OP Bancorp pay?
OP Bancorp paid $0.48 in 2024, $0.48 in 2023, $0.44 in 2022, $0.34 in 2021, and $0.28 in 2020.
How often does OP Bancorp pay dividends?
OP 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 OP Bancorp's dividend yield?
The current dividend yield for OP Bancorp is 2.74%. 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 OP Bancorp's exact dividend yield.
When does OP Bancorp go ex dividend?
OP Bancorp's ex-dividend date for the latest dividend was on 2024-11-07. OP 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 OP Bancorp dividend paid?
OP Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will OP 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 OP 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 OP Bancorp dividend per share?
OP Bancorp paid $0.48 per share in 2024 and $0.48 per share in 2023. The amount of dividend per share that OP 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 OP 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 OP 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 OP Bancorp a dividend stock?
Yes, OP Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is OP Bancorp a good dividend stock?
Whether OP 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. OP Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating OP 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 OP 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 OP Bancorp pay dividends monthly?
OP Bancorp typically pays dividends on a quarterly basis.
Does OP Bancorp pay dividends quarterly?
OP Bancorp currently pays dividends on a quarterly basis.
Has OP Bancorp ever paid a dividend?
Yes, OP Bancorp has a history of paying dividends to its shareholders. OP Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy OP Bancorp dividend stocks?
To buy OP 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 OP 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 OP 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 OP Bancorp pay dividends 2024?
OP Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-21. 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 OP Bancorp increase its dividend in 2024?
Decisions regarding OP 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 OP Bancorp dividend overview you can look into the above table of dividend history.
How OP Bancorp dividend works?
The OP 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 OP Bancorp's dividend process works:
1. Determination of Dividend: OP 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, OP 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, OP 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 OP 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: OP 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, OP 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, OP 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 OP 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 OP Bancorp dividends paid?
OP Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: OP 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, OP 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: OP 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: OP 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, OP 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: OP 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 OP Bancorp pay dividends?
OP 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 OP Bancorp pay dividends?
The general pattern is that OP 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 OP Bancorp dividend safe?
The safety of OP 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 OP 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 OP 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 OP 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 OP 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.