OP Bancorp (NASDAQ:OPBK – Get Rating) announced a quarterly dividend on Thursday, June 28th, Zacks reports. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.12 per share on Thursday, June 25th. This represents a $0.48 annualized dividend and a dividend yield of 4.06%. The ex-dividend date is Wednesday, June 10th. This is a boost from OP Bancorp’s previous quarterly dividend of $0.10.
OP Bancorp has a dividend payout ratio of 21.7% indicating that its dividend is sufficiently covered by earnings.
