WaFd, Inc. (WAFD) To Go Ex-Dividend on February 13th

WaFd, Inc. (NASDAQ:WAFD) announced a quarterly dividend on Tuesday, February 3rd. Investors of record on Friday, February 13th will be given a dividend of 0.27 per share by the bank on Friday, February 27th. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, February 13th.

WaFd has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. WaFd has a dividend payout ratio of 35.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect WaFd to earn $2.91 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 37.1%.

WaFd Stock Performance

Shares of NASDAQ WAFD opened at $33.65 on Thursday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.95 and a quick ratio of 0.96. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 11.64 and a beta of 0.86. The stock’s fifty day moving average price is $32.65 and its two-hundred day moving average price is $31.14. WaFd has a one year low of $23.75 and a one year high of $34.29.

WaFd (NASDAQ:WAFD) last announced its earnings results on Friday, January 16th. The bank reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.01). WaFd had a net margin of 17.45% and a return on equity of 8.67%. The business had revenue of $188.32 million during the quarter, compared to the consensus estimate of $193.36 million. On average, equities analysts forecast that WaFd will post 2.56 EPS for the current year.

About WaFd

Washington Federal, Inc, doing business as WaFd Bank, is a publicly traded bank holding company headquartered in Seattle, Washington. Through its subsidiary, WaFd Bank, the company provides a range of banking and financial services to individuals, small-to-medium enterprises, and commercial clients. Established in 1917 as Ballard Savings & Loan in Seattle, the institution expanded over decades to serve customers across the Western United States under the Washington Federal name and has operated as a public company since the early 1980s.

WaFd Bank’s core offerings encompass deposit accounts such as checking, savings, money market, and certificates of deposit, alongside consumer and commercial lending products.