Pathward Financial, Inc. (NASDAQ:CASH) Plans $0.05 Quarterly Dividend

Pathward Financial, Inc. (NASDAQ:CASHGet Free Report) declared a quarterly dividend on Thursday, August 20th. Investors of record on Thursday, September 10th will be given a dividend of 0.05 per share by the savings and loans company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, September 10th.

Pathward Financial has a dividend payout ratio of 2.4% indicating that its dividend is sufficiently covered by earnings. 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 0.3%

NASDAQ:CASH opened at $83.97 on Friday. Pathward Financial has a 12 month low of $65.87 and a 12 month high of $101.26. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 10.52 and a beta of 0.61. The firm has a fifty day simple moving average of $87.17 and a two-hundred day simple moving average of $88.32.

Pathward Financial (NASDAQ:CASHGet Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a return on equity of 20.61% and a net margin of 21.03%.The company had revenue of $189.64 million for the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. Analysts expect that Pathward Financial will post 7.93 EPS for the current fiscal year.

Pathward Financial Company Profile

(Get Free Report)

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.

See Also

Dividend History for Pathward Financial (NASDAQ:CASH)

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