OP Bancorp announced a $0.12 per share dividend, despite its stock price dropping by $0.02.

OP Bancorp announced a quarterly dividend of $0.12 per share, to be paid on February 20th, with a yield of 3.04%. The company's stock price fell $0.02 to $15.77 on January 23rd, the day of the earnings report. Despite missing analysts' expectations by $0.03, OP Bancorp reported earnings of $0.33 per share for the quarter. The company has a payout ratio of 25.8% and has increased its dividend by an average of 15.7% over the past three years.

2 months ago
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