Capitol Federal Financial (NASDAQ:CFFN) to Issue Quarterly Dividend of $0.09

Capitol Federal Financial (NASDAQ:CFFN) announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, August 7th will be given a dividend of 0.085 per share by the savings and loans company on Friday, August 21st. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, August 7th.

Capitol Federal Financial has decreased its dividend by an average of 0.2%per year over the last three years. Capitol Federal Financial has a dividend payout ratio of 61.8% indicating that its dividend is sufficiently covered by earnings.

Capitol Federal Financial Stock Performance

Shares of NASDAQ CFFN opened at $8.70 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $1.10 billion, a P/E ratio of 14.37 and a beta of 0.68. Capitol Federal Financial has a 12 month low of $5.71 and a 12 month high of $8.85. The stock has a 50 day moving average of $8.23 and a 200-day moving average of $7.64.

Capitol Federal Financial (NASDAQ:CFFN) last posted its quarterly earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%. The business had revenue of $57.73 million during the quarter, compared to the consensus estimate of $56.97 million.

Institutional Investors Weigh In On Capitol Federal Financial

A number of hedge funds and other institutional investors have recently modified their holdings of CFFN. Vanguard Group Inc. grew its position in shares of Capitol Federal Financial by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company’s stock worth $86,424,000 after purchasing an additional 442,592 shares in the last quarter. Towle & Co. bought a new position in Capitol Federal Financial during the 1st quarter worth $3,396,000. Endeavor Private Wealth Inc. acquired a new position in Capitol Federal Financial in the 4th quarter valued at $123,000. Greenspring Advisors LLC bought a new stake in shares of Capitol Federal Financial during the 4th quarter valued at $78,000. Finally, Triune Financial Partners LLC grew its holdings in shares of Capitol Federal Financial by 7.1% during the 4th quarter. Triune Financial Partners LLC now owns 26,324 shares of the savings and loans company’s stock worth $192,000 after purchasing an additional 1,739 shares in the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

About Capitol Federal Financial

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.