Capitol Federal Financial (CFFN) to Issue Quarterly Dividend of $0.09 on February 20th

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) announced a quarterly dividend on Tuesday, January 27th. Shareholders of record on Friday, February 6th will be given a dividend of 0.085 per share by the savings and loans company on Friday, February 20th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Friday, February 6th. This is a 112.5% increase from Capitol Federal Financial’s previous quarterly dividend of $0.04.

Capitol Federal Financial has decreased its dividend by an average of 0.2%per year over the last three years. Capitol Federal Financial has a dividend 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 Performance

CFFN opened at $7.64 on Wednesday. The stock has a 50-day moving average of $6.89 and a 200-day moving average of $6.48. Capitol Federal Financial has a 52-week low of $4.90 and a 52-week high of $7.74. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.26 and a current ratio of 1.24. The company has a market cap of $1.00 billion, a PE ratio of 13.64 and a beta of 0.69.

Capitol Federal Financial (NASDAQ:CFFNGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The savings and loans company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The company had revenue of $56.80 million for the quarter, compared to the consensus estimate of $56.02 million. Capitol Federal Financial had a return on equity of 6.99% and a net margin of 16.98%. As a group, equities research analysts forecast that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

About Capitol Federal Financial

(Get Free Report)

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.

Further Reading

Dividend History for Capitol Federal Financial (NASDAQ:CFFN)

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