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

Pathward Financial, Inc. (NASDAQ:CASH) announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, June 11th.

Pathward Financial has a payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Pathward Financial to earn $9.63 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 2.1%.

Pathward Financial Trading Up 0.1%

Shares of CASH stock opened at $82.74 on Friday. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 9.83 and a beta of 0.64. The stock has a 50-day moving average of $89.36 and a 200-day moving average of $82.75. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. Pathward Financial has a 1-year low of $65.87 and a 1-year high of $101.26.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, meeting the consensus estimate of $3.35. The company had revenue of $276.30 million during the quarter, compared to analysts’ expectations of $272.04 million. Pathward Financial had a return on equity of 22.35% and a net margin of 22.42%.The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.11 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, equities research analysts forecast that Pathward Financial will post 8.73 earnings per share for the current year.

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.