Capitol Federal Financial, Inc. (CFFN) to Issue Quarterly Dividend of $0.09 on May 17th

Capitol Federal Financial, Inc. (NASDAQ:CFFN) declared a quarterly dividend on Tuesday, April 23rd, RTT News reports. Investors of record on Friday, May 3rd will be given a dividend of 0.085 per share by the savings and loans company on Friday, May 17th. This represents a $0.34 annualized dividend and a yield of 6.56%.

Capitol Federal Financial has a payout ratio of 64.2% meaning its dividend is sufficiently covered by earnings. Equities research 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 Down 1.9 %

NASDAQ:CFFN opened at $5.18 on Thursday. Capitol Federal Financial has a 1 year low of $4.22 and a 1 year high of $6.88. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 2.29. The stock has a 50-day simple moving average of $5.65 and a 200-day simple moving average of $5.67.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. The firm had revenue of $82.80 million during the quarter, compared to the consensus estimate of $40.45 million. Capitol Federal Financial had a positive return on equity of 3.85% and a negative net margin of 34.17%. During the same period in the prior year, the company posted $0.12 earnings per share. On average, equities analysts forecast that Capitol Federal Financial will post 0.44 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Capitol Federal Financial to a “sell” rating in a research note on Tuesday, January 23rd.

Insider Buying and Selling

In other news, EVP Rick C. Jackson acquired 10,000 shares of Capitol Federal Financial stock in a transaction on Friday, March 1st. The stock was bought at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the purchase, the executive vice president now owns 181,428 shares in the company, valued at $1,030,511.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Capitol Federal Financial news, EVP Rick C. Jackson bought 10,000 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were acquired at an average cost of $5.68 per share, with a total value of $56,800.00. Following the acquisition, the executive vice president now directly owns 181,428 shares of the company’s stock, valued at approximately $1,030,511.04. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Morris J. Huey II bought 5,000 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average cost of $5.70 per share, for a total transaction of $28,500.00. Following the completion of the acquisition, the director now directly owns 271,000 shares in the company, valued at $1,544,700. The disclosure for this purchase can be found here. Insiders have bought 22,389 shares of company stock worth $127,707 in the last quarter. 2.20% of the stock is owned by insiders.

About Capitol Federal Financial

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.