Hope Bancorp Declares $0.18 Quarterly Dividend

Ticker: HOPE · Form: 8-K · Filed: Jul 29, 2024 · CIK: 1128361

Hope Bancorp Inc 8-K Filing Summary
FieldDetail
CompanyHope Bancorp Inc (HOPE)
Form Type8-K
Filed DateJul 29, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.001, $0.14
Sentimentneutral

Sentiment: neutral

Topics: dividend, shareholder-return

Related Tickers: HOPE

TL;DR

HOPE declared a $0.18 dividend, payable Aug 23rd. Good sign for shareholders.

AI Summary

Hope Bancorp, Inc. announced on July 29, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on its common stock. This dividend is payable on August 23, 2024, to shareholders of record as of the close of business on August 9, 2024.

Why It Matters

This dividend declaration indicates the company's continued financial stability and commitment to returning value to its shareholders.

Risk Assessment

Risk Level: low — The filing is a routine dividend declaration, which typically carries low risk.

Key Numbers

  • $0.18 — Quarterly Dividend Per Share (Amount shareholders will receive per share.)
  • August 23, 2024 — Dividend Payment Date (Date shareholders will receive the declared dividend.)
  • August 9, 2024 — Record Date (Shareholders must be on record by this date to receive the dividend.)

Key Players & Entities

  • Hope Bancorp, Inc. (company) — Registrant
  • $0.18 (dollar_amount) — Quarterly cash dividend per share
  • August 23, 2024 (date) — Payment date for the dividend
  • August 9, 2024 (date) — Record date for the dividend

FAQ

What is the amount of the quarterly cash dividend declared by Hope Bancorp?

Hope Bancorp declared a quarterly cash dividend of $0.18 per share on its common stock.

When will the declared dividend be paid to shareholders?

The dividend is payable on August 23, 2024.

Who is eligible to receive this dividend payment?

Shareholders of record as of the close of business on August 9, 2024, are eligible to receive the dividend.

What is the ticker symbol for Hope Bancorp?

The filing does not explicitly state the ticker symbol, but the company name is Hope Bancorp, Inc.

What is the primary business of Hope Bancorp?

Hope Bancorp, Inc. is identified as being in the National Commercial Banks industry (SIC code 6021).

Filing Stats: 764 words · 3 min read · ~3 pages · Grade level 9.2 · Accepted 2024-07-29 08:17:35

Key Financial Figures

  • $0.001 — of the Act: Common Stock , par value $0.001 per share HOPE NASDAQ Global Select Mar
  • $0.14 — s declared a quarterly cash dividend of $0.14 per common share. The cash dividend is

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On July 29, 2024, Hope Bancorp, Inc. ("HOPE" or the "Company") issued a news release concerning its results of operations and financial condition for the second quarter and six months ended and as of June 30, 2024. A copy of the July 29, 2024, news release is furnished as Exhibit 99.1 and incorporated herein by reference.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure The Company previously announced that it will host an investor conference call on Monday, July 29, 2024, at 9:30 a.m. Pacific Time / 12:30 p.m. Eastern Time to review financial results for its second quarter ended and as of June 30, 2024. A presentation to accompany the conference call ("Earnings Presentation"), which contains certain historical and forward-looking information relating to the Company, has been made available at the Investor Relations section of Hope Bancorp's website at www.ir-hopebancorp.com. A copy of the Earnings Presentation is furnished as Exhibit 99.2 and incorporated herein by reference. The information furnished under Item 2.02, Item 7.01 and exhibits 99.1, and 99.2 under Item 9.01 of this Current Report on Form 8-K to this Current Report on Form 8-K) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to liabilities under that Section, nor shall they be deemed incorporated by reference in any registration statement or other filings of the Company under the Securities Act of 1933 or the Exchange Act, except as shall be set forth as a specific reference in such filing.

01 Other Events

Item 8.01 Other Events. On July 29, 2024, the Company issued a news release announcing that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The cash dividend is payable on or about August 22, 2024, to all stockholders of record as of the close of business on August 8, 2024. A copy of the July 29, 2024, news release is attached hereto as Exhibit 99.3 and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description of Exhibit 99.1 News release, dated Jul y 29, 2024, concerning the results of operations and financial condition for the second quarter ended and as of June 3 0 , 2024. 99.2 2024 S econd Quarter Earnings Presentation, dated July 29, 2024. 99.3 News release, dated July 29, 2024, announcing the declaration of a quarterly cash dividend. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HOPE BANCORP, INC. Date: July 29, 2024 By: /s/ Kevin S. Kim Kevin S. Kim Chairman, President and Chief Executive Officer

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