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Stock impact report

Central Pacific Financial (NYSE:CPF) Is Paying Out A Larger Dividend Than Last Year [Yahoo! Finance]

Central Pacific Financial Corp New (CPF) 
Last central pacific financial corp new earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Based on this payment, the dividend yield for the company will be 3.6%, which is fairly typical for the industry. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We aren't too impressed by dividend yields unless they can be sustained over time. Having distributed dividends for at least 10 years, Central Pacific Financial has a long history of paying out a part of its earnings to shareholders. Past distributions do not necessarily guarantee future ones, but Central Pacific Financial's payout ratio of 38% is a good sign as this means that earnings decently cover dividends. Over the next 3 years, EPS is forecast to expand by 31.4%. Analysts estimate the future payout ratio will be 36% over the same time period, which is in the range that makes us comfortable with the sustainability of the dividend. View our latest analysis for Central Pacific Financial The company has been paying a dividend for a long time, Show less Read more
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