Cathay General Bancorp (CATY) Dividends
Dividend Yield and Dividend History Highlights
- CATY has an EBITDA to net debt ratio of 272,540,000; for context, that's better than 94.05% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CATY's price: NOK, AFYA, SVT, DHT and STAG.
CATY Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for CATY, the dividend discount model StockNews created for the company implies a negative return of 10.91%. Digging deeper, the aspects of Cathay General Bancorp's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, Cathay General Bancorp produces a dividend yield 4.27% -- which falls in the top 22.98%.
- Beta is a measure of how volatile a stock is relative to the S&P 500; for CATY, its beta is lower than 28.65% of stocks in the small-sized revenue class.
- In terms of who is growing the amount of dividends they return to shareholders, CATY boasts a higher growth rate in terms of its annual cash distributed to its owners than 79.55% of the dividend issuers in our set.
CATY Dividend Chart
CATY Dividend History
|Ex-Dividend Date||Type||Payout Amount||Change|
|Loading, please wait...|
CATY Dividends vs. Peers
Looking for More Information on CATY dividends?Want to do more research on Cathay General Bancorp's dividends? Try the links below:
Cathay General Bancorp Common Stock (CATY) Dividend History | Nasdaq
Dividend History for Cathay General Bancorp (CATY) - Dividend Investor
Cathay General Bancorp (CATY) Dividend History - Seeking Alpha