Why Hanmi Financial (HAFC) is a Great Dividend Stock Right Now

Company Overview - Hanmi Financial (HAFC) is based in Los Angeles and operates in the Finance sector, with a year-to-date share price change of 2.84% [3] - The company currently pays a dividend of $0.27 per share, resulting in a dividend yield of 4.45$1.08, reflecting an 8% increase from the previous year [4] - Over the past five years, the company has increased its dividend two times year-over-year, achieving an average annual increase of 22.92% [4] - The current payout ratio for Hanmi Financial is 49%, indicating that the company distributes 49% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The earnings growth outlook for Hanmi Financial is strong, with the Zacks Consensus Estimate for 2025 projected at $2.60 per share, representing a year-over-year growth rate of 26.83% [5] Investment Appeal - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - While high-growth firms typically do not provide dividends, established companies like Hanmi Financial are viewed as attractive dividend options [7] - Hanmi Financial is recognized as a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [7]