Hope Bancorp Declares Quarterly Cash Dividend, Payable on or About November 16, 2023
October 23, 2023 at 06:32 am EDT
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Hope Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about November 16, 2023 to all stockholders of record as of the close of business on November 2, 2023.
Hope Bancorp, Inc. is the holding company of Bank of Hope (the Bank). The Company's loan portfolio segments include commercial real estate (CRE) loans, commercial and industrial (C&I) loans, residential mortgage loans, and consumer and other loans. CRE loans are extended for the purchase and refinance of commercial real estate and are generally secured by first deeds of trust and are collateralized by residential or commercial properties. C&I loans are loans provided to businesses for various purposes such as for working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance activities, and other business related financing needs, and also include syndicated loans. Residential mortgage loans are extended for personal, family, or household use and are secured by a mortgage or deed of trust. Consumer and other loans consist of home equity, credit cards, and other personal loans. It operates over 54 full-service branches in the United States.
HOPE BANCORP, INC. 
