Pathward Financial, Inc. (CASH) to Issue Quarterly Dividend of $0.05 on April 1st

Pathward Financial, Inc. (NASDAQ:CASH) announced a quarterly dividend on Thursday, February 26th. Investors of record on Thursday, March 12th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 12th.

Pathward Financial has a dividend payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Pathward Financial to earn $8.48 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.4%.

Pathward Financial Trading Down 4.3%

NASDAQ CASH opened at $90.79 on Friday. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 11.10 and a beta of 0.75. Pathward Financial has a 52 week low of $64.45 and a 52 week high of $96.06. The stock’s 50 day moving average price is $83.09 and its two-hundred day moving average price is $76.83. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.81.

Pathward Financial (NASDAQ:CASH) last posted its quarterly earnings data on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The company had revenue of $173.10 million for the quarter, compared to the consensus estimate of $185.80 million. During the same period last year, the company earned $1.29 earnings per share. The firm’s revenue was down .2% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, analysts anticipate that Pathward Financial will post 7.26 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Brett L. Pharr sold 15,641 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the sale, the chief executive officer directly owned 78,261 shares in the company, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. grew its position in Pathward Financial by 2.9% in the fourth quarter. Invesco Ltd. now owns 215,833 shares of the savings and loans company’s stock valued at $15,324,000 after acquiring an additional 6,162 shares during the last quarter. State of Tennessee Department of Treasury boosted its stake in shares of Pathward Financial by 63.0% in the 4th quarter. State of Tennessee Department of Treasury now owns 9,734 shares of the savings and loans company’s stock valued at $691,000 after purchasing an additional 3,763 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Pathward Financial during the 4th quarter valued at approximately $440,000. Voloridge Investment Management LLC grew its holdings in shares of Pathward Financial by 27.1% during the 4th quarter. Voloridge Investment Management LLC now owns 100,393 shares of the savings and loans company’s stock valued at $7,128,000 after purchasing an additional 21,388 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC lifted its stake in Pathward Financial by 28.9% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 23,837 shares of the savings and loans company’s stock valued at $1,692,000 after purchasing an additional 5,344 shares during the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.