Capitol Federal Financial (NASDAQ:CFFN) to Issue Quarterly Dividend of $0.04

Capitol Federal Financial (NASDAQ:CFFN) announced a quarterly dividend on Wednesday, December 17th. Stockholders of record on Friday, January 9th will be paid a dividend of 0.04 per share by the savings and loans company on Friday, January 23rd. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, January 9th.

Capitol Federal Financial has decreased its dividend payment by an average of 0.2%annually over the last three years. Capitol Federal Financial has a payout ratio of 61.8% indicating that its dividend is sufficiently covered by earnings. 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 1.0%

CFFN traded up $0.08 on Thursday, reaching $7.27. The company’s stock had a trading volume of 208,997 shares, compared to its average volume of 786,501. The stock has a 50 day moving average of $6.44 and a two-hundred day moving average of $6.27. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $957.60 million, a price-to-earnings ratio of 13.95 and a beta of 0.69. Capitol Federal Financial has a fifty-two week low of $4.90 and a fifty-two week high of $7.29.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Wednesday, October 29th. The savings and loans company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. Capitol Federal Financial had a net margin of 16.19% and a return on equity of 6.54%. The company had revenue of $54.57 million for the quarter, compared to analysts’ expectations of $53.46 million. During the same quarter last year, the company earned $0.09 earnings per share. As a group, analysts forecast that Capitol Federal Financial will post 0.46 EPS for the current fiscal year.

Capitol Federal Financial Company Profile

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.