Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: CATY, NYLD, O

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Tomorrow, Thursday, August 28, 2014, 44 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 8.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Cathay General Bancorp

Owners of Cathay General Bancorp (NASDAQ: CATY) shares, as of market close today, will be eligible for a dividend of 7 cents per share. At a price of $26.30 as of 9:34 a.m. ET, the dividend yield is 1.1%.

The average volume for Cathay General Bancorp has been 387,600 shares per day over the past 30 days. Cathay General Bancorp has a market cap of $2.1 billion and is part of the banking industry. Shares are down 1.6% year-to-date as of the close of trading on Tuesday.

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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 in the United States. The company has a P/E ratio of 16.27.

TheStreet Ratings rates Cathay General Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, expanding profit margins, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cathay General Bancorp Ratings Report now.

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