Capitol Federal Financial (CFFN) to Issue Quarterly Dividend of $0.09 on May 15th

Capitol Federal Financial (NASDAQ:CFFN) declared a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 1st will be given a dividend of 0.085 per share by the savings and loans company on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, May 1st.

Capitol Federal Financial has decreased its dividend by an average of 0.2%annually over the last three years. Capitol Federal Financial has a payout ratio of 61.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Capitol Federal Financial to earn $0.76 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 44.7%.

Capitol Federal Financial Price Performance

CFFN stock traded down $0.08 during trading on Wednesday, reaching $7.80. 55,726 shares of the company were exchanged, compared to its average volume of 947,572. The company has a 50-day moving average of $7.32 and a two-hundred day moving average of $6.95. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.85 and a beta of 0.67. Capitol Federal Financial has a twelve month low of $5.51 and a twelve month high of $7.97. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.24 and a quick ratio of 1.24.

Capitol Federal Financial (NASDAQ:CFFN) last announced its quarterly earnings results on Wednesday, January 28th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.01. Capitol Federal Financial had a net margin of 16.98% and a return on equity of 6.99%. The company had revenue of $56.80 million during the quarter, compared to the consensus estimate of $56.02 million. As a group, equities analysts predict that Capitol Federal Financial will post 0.7 earnings per share for the current fiscal year.

Capitol Federal Financial Company Profile

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.