GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » 3-Year Dividend Growth Rate

OP Bancorp (OP Bancorp) 3-Year Dividend Growth Rate : 19.70% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is OP Bancorp 3-Year Dividend Growth Rate?

OP Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.12.

The historical rank and industry rank for OP Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

OPBK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 19.7   Med: 24.9   Max: 30.1
Current: 19.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of OP Bancorp was 30.10% per year. The lowest was 19.70% per year. And the median was 24.90% per year.

OPBK's 3-Year Dividend Growth Rate is ranked better than
78.01% of 764 companies
in the Banks industry
Industry Median: 7.55 vs OPBK: 19.70

During the past 12 months, OP Bancorp's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

OP Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.35. As of today, OP Bancorp's Dividend Yield % is 4.85%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of OP Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, OP Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OP Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OP Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where OP Bancorp's 3-Year Dividend Growth Rate falls into.



OP Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


OP Bancorp  (NAS:OPBK) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

OP Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.12/ 0.34
=0.35

During the past 13 years, the highest Dividend Payout Ratio of OP Bancorp was 0.34. The lowest was 0.18. And the median was 0.21.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

OP Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1200002024-05-082024-05-092024-05-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002024-02-072024-02-082024-02-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-11-082023-11-092023-11-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1200002023-08-092023-08-102023-08-24Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

OP Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.48/9.89
=4.85 %

Current Share Price is $9.89.
OP Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.

During the past 13 years, the highest Dividend Yield of OP Bancorp was 6.01%. The lowest was 0.46%. And the median was 3.33%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OP Bancorp 3-Year Dividend Growth Rate Related Terms>


OP Bancorp (OP Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.
Executives
Hyung J Kim director 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Sunny Kwon director 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Yong Sin Shin director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Brian Choi director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ock Hee Kim director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ryan Shin officer: Chief SBA Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Jae H. Park officer: Chief Risk Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ki Won Yoon officer: Chief Lending Officer 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Kathrine Duncan officer: Chief Risk Officer 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ihnsuk Jimmy Bang officer: Chief Banking Officer 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ernest Dow director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Christine Yoon Oh officer: Chief Financial Officer 3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Myung Park director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Jason Hwang director 1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Sang Kyo Oh officer: CHIEF CREDIT OFFICER 1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017

OP Bancorp (OP Bancorp) Headlines

From GuruFocus

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 07-24-2020

OP Bancorp to Acquire SBA Loan Portfolio

By Business Wire Business Wire 02-03-2021

OP Bancorp Appoints Sang Kyo Oh Chief Credit Officer

By Business Wire Business Wire 10-01-2020

OP Bancorp Announces New Stock Repurchase Program

By Business Wire 08-28-2023

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share

By Business Wire Business Wire 07-28-2022

OP Bancorp Announces Additional Stock Repurchase Program

By Business Wire Business Wire 09-10-2020

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 10-23-2020