Bank of Hawaii Declares Quarterly Dividend
Bank of Hawaii (BOH) has declared a quarterly dividend of $0.70 per share, consistent with its previous payout. The dividend is payable on September 15 to shareholders of record as of August 31, with an ex-dividend date also set for August 31. This results in a forward yield of approximately 3.33%. The announcement comes amid mixed earnings performance; the company reported GAAP EPS of $1.47, which beat estimates by $0.02, but revenue came in at $196.9 million, missing expectations by $2.55 million. Analysts and investors are closely watching BOH's preferred shares, particularly Series A versus newly issued Series B, as well as the impact of a recent rating downgrade on its high-yield offerings.
Tickers: $BOH
Topics: Bank of Hawaii dividends