Capitol Federal Financial (NASDAQ:CFFN) to Issue $0.04 Quarterly Dividend

Capitol Federal Financial (NASDAQ:CFFN) declared a quarterly dividend on Wednesday, December 17th. Shareholders of record on Friday, January 9th will be paid a dividend of 0.04 per share by the savings and loans company on Friday, January 23rd. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, January 9th.

Capitol Federal Financial has decreased its dividend payment by an average of 0.2%annually over the last three years. Capitol Federal Financial has a dividend payout ratio of 61.8% meaning its dividend is sufficiently covered by earnings. 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 Performance

Shares of CFFN traded up $0.10 during trading hours on Thursday, hitting $7.29. The stock had a trading volume of 83,274 shares, compared to its average volume of 786,621. The firm has a market capitalization of $960.24 million, a PE ratio of 13.99 and a beta of 0.69. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.26 and a quick ratio of 1.26. Capitol Federal Financial has a 12 month low of $4.90 and a 12 month high of $7.28. The stock has a fifty day moving average price of $6.44 and a 200 day moving average price of $6.27.

Capitol Federal Financial (NASDAQ:CFFN) last released its earnings results on Wednesday, October 29th. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. Capitol Federal Financial had a net margin of 16.19% and a return on equity of 6.54%. The company had revenue of $54.57 million during the quarter, compared to analyst estimates of $53.46 million. During the same period in the prior year, the firm posted $0.09 EPS. Analysts anticipate that Capitol Federal Financial will post 0.46 EPS for the current year.

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.