East West Bancorp, Inc. (NASDAQ:EWBC) Updates On Quarterly Dividend


As per East West Bancorp, Inc. (NASDAQ:EWBC) statement on 2016-07-21, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.2 per share as dividend to stakeholders. The record date is set as 2016-08-01, the payout date as 2016-08-15 and the ex-dividend date is 2016-07-28.

Last fiscal East West Bancorp, Inc. (NASDAQ:EWBC) disbursed cash dividend of $0.2. A year ago, the payout was $0.2, which indicates a difference of 11.1111%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.2, implying 82.0564% growth.

For the period ended on 2015-12-31, East West Bancorp, Inc. (NASDAQ:EWBC)’s earnings came at $0.71 per share compared to EPS of $0.65 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $0.69 per share.

The interim price target for East West Bancorp, Inc. (NASDAQ:EWBC) is set at $41.444. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for East West Bancorp, Inc. (NASDAQ:EWBC) is seen at $46 and the lowest level is established at $38. This broad range highlights a standard deviation of $2.242 in reported estimates.

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