Hope Bancorp, Inc. (NASDAQ:HOPE) declared a dividend on Wednesday, July 21st, investing.com reports. Investors of record on Friday, July 30th will be paid a dividend of 0.14 per share by the financial services provider on Friday, August 13th. This represents a yield of 4.34%. The ex-dividend date of this dividend is Thursday, July 29th.
Hope Bancorp has increased its dividend payment by 12.0% over the last three years and has increased its dividend every year for the last 1 years.
Shares of NASDAQ HOPE opened at $13.38 on Thursday. The firm has a market capitalization of $1.65 billion, a PE ratio of 10.24 and a beta of 1.65. The firm’s 50 day moving average price is $14.59. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.97 and a current ratio of 0.97. Hope Bancorp has a 52-week low of $7.03 and a 52-week high of $16.61.
Separately, Zacks Investment Research cut shares of Hope Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, July 6th.
About Hope Bancorp
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.
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