Capitol Federal Financial, Inc. (NASDAQ:CFFN) Declares Quarterly Dividend of $0.09

Capitol Federal Financial, Inc. (NASDAQ:CFFN) announced a quarterly dividend on Tuesday, April 23rd, RTT News reports. Shareholders of record on Friday, May 3rd will be paid a dividend of 0.085 per share by the savings and loans company on Friday, May 17th. This represents a $0.34 dividend on an annualized basis and a yield of 6.44%.

Capitol Federal Financial has a dividend payout ratio of 64.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Capitol Federal Financial to earn $0.50 per share next year, which means the company should continue to be able to cover its $0.34 annual dividend with an expected future payout ratio of 68.0%.

Capitol Federal Financial Stock Up 1.3 %

CFFN stock traded up $0.07 on Tuesday, hitting $5.28. 1,240,635 shares of the company’s stock were exchanged, compared to its average volume of 914,079. The firm has a 50 day moving average price of $5.66 and a two-hundred day moving average price of $5.67. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 2.29. Capitol Federal Financial has a 12-month low of $4.22 and a 12-month high of $6.88.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.04. The company had revenue of $82.80 million during the quarter, compared to analysts’ expectations of $40.45 million. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 34.17%. During the same quarter in the prior year, the firm posted $0.12 EPS. Analysts forecast that Capitol Federal Financial will post 0.44 EPS for the current year.

Insider Buying and Selling at Capitol Federal Financial

In related news, Director Morris J. Huey II acquired 5,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was bought at an average cost of $5.70 per share, with a total value of $28,500.00. Following the purchase, the director now directly owns 271,000 shares of the company’s stock, valued at $1,544,700. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Rick C. Jackson bought 10,000 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were acquired at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the purchase, the executive vice president now owns 181,428 shares in the company, valued at approximately $1,030,511.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Morris J. Huey II purchased 5,000 shares of Capitol Federal Financial stock in a transaction dated Wednesday, February 28th. The shares were bought at an average cost of $5.70 per share, for a total transaction of $28,500.00. Following the transaction, the director now directly owns 271,000 shares of the company’s stock, valued at approximately $1,544,700. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 22,389 shares of company stock valued at $127,707. 2.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Capitol Federal Financial to a “sell” rating in a research note on Tuesday, January 23rd.

About Capitol Federal Financial

Capitol Federal Financial, Inc operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.