Central Pacific Financial (CPF) has announced a dividend of $0.270 per share, which will be distributed on Jun 16, 2025. This amount is notably higher than the average of the last 10 dividends, which stands at $0.197 per share. The dividend was announced on Apr 22, 2025, and follows a previous dividend of the same amount distributed on Mar 17, 2025. The type of dividend is categorized as cash dividend.
Recently, the company has been subject to significant news that may influence its market performance and operations. Over the past week,
has seen its stock traded down by $0.27 during midday trading on May 26, 2025, reaching a share price of $26.44. This recent decline highlights potential investor caution surrounding the company's current market position.
Additionally, Central Pacific Financial has maintained a low payout ratio of 41.5% combined with a high annual dividend growth rate of 3.8%. This indicates a strategic approach to balancing shareholder returns with reinvestment for growth, making
an attractive option for investors seeking high-growth dividend stocks.
Furthermore, reports have surfaced that
Asset Management LLC has purchased 12,835 shares of CPF, reflecting continued interest and confidence in the company’s future prospects. This move by a significant institutional investor underscores the potential for future earnings growth and stability.
In conclusion, investors should note that the ex-dividend date for Central Pacific Financial is May 30, 2025. This date marks the last opportunity for investors to purchase shares and receive the upcoming dividend. Any acquisitions made after this date will not qualify for the current dividend distribution.
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