Cathay General (CATY) is a Top Dividend Stock Right Now: Should You Buy?

Cathay General (CATY), a Los Angeles-based financial holding company, is highlighted as a compelling dividend investment opportunity. The stock offers a 2.45% dividend yield with an annualized dividend of $1.52, up 11.8% year-over-year. With solid earnings growth projected at 20.70% for 2026 and a conservative 30% payout ratio, CATY presents an attractive income investment option, though it carries a Zacks Rank #3 (Hold) rating.