Business
Hanmi Financial Increases Quarterly Cash Dividend By 67%
LOS ANGELES, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that
About this update from Hanmi Financial Corporation
[{"type":"text","content":"LOS ANGELES, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that its Board of Directors declared a cash dividend on its common stock for the 2021 fourth quarter of $0.20 per share, up 67% from $0.12 per share in the prior quarter. The dividend will be paid on November 24, 2021 to stockholders of record as of the close of business on November 8, 2021. “I am very pleased to announce a 67% increase in our quarterly dividend,” said Bonnie Lee, President and Chief Executive Officer. “This marks the third increase in our dividend this year. The higher dividend is well-supported by the strong operating performance and excellent earnings growth we have achieved in 2021 and reflects our Board of Directors’ confidence in our future outlook.” About Hanmi Financial Corporation Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 35 full-service branches and 9 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com. Forward-Looking Statements This press release contains forward-looking statements, which are included in accordance with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward–looking statements” for purposes of federal and state securities laws, including, but not limited to, statements about our anticipated future operating and financial performance, financial position and liquidity, business strategies, regulatory and competitive outlook, investment and expenditure plans, capital and financing needs and availability, plans and objectives of management for future operations, developments regarding our capital and strategic plans, and other similar forecasts and statements of expectation and statements of assumption underlying any of the foregoing. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “bel...