Cathay General Bancorp (CATY) is oversold with potential opportunity for dividend investors.

From Nasdaq: 2025-03-11 11:43:35

The DividendRank formula at Dividend Channel ranks Cathay General Bancorp (CATY) in the top 50% of dividend stocks, indicating it is an interesting stock for investors to research. Shares of CATY recently entered oversold territory, with an RSI reading of 29.97, compared to the average of 41.0 for dividend stocks. The falling stock price presents a potential opportunity for dividend investors, with an annual yield of 3.13% based on the recent share price. Investors may see the low RSI as a sign of exhaustion in selling, signaling a potential entry point. Reviewing CATY’s dividend history can help in making a bullish decision.



Read more at Nasdaq: Cathay General Bancorp is Oversold