) -- The ex-dividend date for

Cathay General Bancorp



) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $12.56 as of 9:30 a.m. ET, the dividend yield is 0.3%.

The average volume for Cathay General has been 584,900 shares per day over the past 30 days. Cathay General has a market cap of $953.1 million and is part of the


sector and


industry. Shares are down 26% year to date as of the close of trading on Friday.

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Cathay General Bancorp operates as the holding company for Cathay Bank, which offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses primarily in California. The company has a P/E ratio of 14.3, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cathay General as a


. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that revenues have generally been declining. You can view the full

Cathay General Ratings Report


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