LOS ANGELES, May 19, 2016 /PRNewswire/ -- Cathay General
Bancorp (NASDAQ: CATY), the holding company for Cathay Bank, announced today that its Board of Directors declared a cash dividend
of eighteen cents per common share, payable on June 13, 2016, to
stockholders of record at the close of business on June 1, 2016.
ABOUT CATHAY GENERAL BANCORP
Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered
bank. Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 33 branches in
California, 12 branches in New York State, three in the
Chicago, Illinois area, three in Washington State, two in
Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New
Jersey, one in Hong Kong, and a representative office in Taipei and in Shanghai. Cathay Bank's website is found at http://www.cathaybank.com/.
FORWARD-LOOKING STATEMENTS
Statements made in this press release, other than statements of historical fact, are forward-looking statements within the
meaning of the applicable provisions of the Private Securities Litigation Reform Act of 1995 regarding management's beliefs,
projections, and assumptions concerning future results and events. Forward-looking statements are based on estimates, beliefs,
projections, and assumptions of management and are not guarantees of future performance. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual results to differ materially from our historical experience
and our present expectations or projections. Some of these risks are described in the Cathay General Bancorp's Annual Report on
Form 10-K for the year ended December 31, 2014 (Item 1A in particular), other reports filed with
the Securities and Exchange Commission ("SEC"), and other filings Cathay General Bancorp makes with the SEC from time to time.
Cathay General Bancorp has no intention and undertakes no obligation to update any forward-looking statement or to publicly
announce any revision of any forward-looking statement to reflect future developments or events, except as required by law.
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SOURCE Cathay General Bancorp