Kearny Financial Corp. (KRNY) Plans Special Dividend of $0.16
Kearny Financial Corp. (NASDAQ:KRNY) declared a special dividend on Thursday, September 20th, Wall Street Journal reports. Stockholders of record on Wednesday, October 3rd will be given a dividend of 0.16 per share by the savings and loans company on Wednesday, October 17th. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Tuesday, October 2nd. This is a boost from Kearny Financial’s previous special dividend of $0.12.
NASDAQ KRNY opened at $13.70 on Thursday. The firm has a market cap of $1.36 billion, a PE ratio of 41.97 and a beta of 0.56. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.94. Kearny Financial has a 1-year low of $12.75 and a 1-year high of $15.60.
Kearny Financial (NASDAQ:KRNY) last released its quarterly earnings results on Monday, July 30th. The savings and loans company reported $0.12 earnings per share for the quarter. The firm had revenue of $43.95 million for the quarter. Kearny Financial had a return on equity of 2.57% and a net margin of 10.61%.
In related news, Director John F. Mcgovern bought 11,000 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The shares were bought at an average cost of $13.70 per share, with a total value of $150,700.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.62% of the stock is currently owned by company insiders.
About Kearny Financial
Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts.
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