Capitol Federal Financial, Inc. (NASDAQ:CFFN) Announces $0.09 Quarterly Dividend

Capitol Federal Financial, Inc. (NASDAQ:CFFN) announced a quarterly dividend on Tuesday, April 23rd, RTT News reports. Stockholders of record on Friday, May 3rd will be given a dividend of 0.085 per share by the savings and loans company on Friday, May 17th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 6.44%.

Capitol Federal Financial has a payout ratio of 64.2% meaning its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

Shares of NASDAQ:CFFN opened at $5.28 on Wednesday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 2.29. Capitol Federal Financial has a 1 year low of $4.22 and a 1 year high of $6.88. The business has a fifty day simple moving average of $5.65 and a 200 day simple moving average of $5.67. The firm has a market cap of $706.09 million, a price-to-earnings ratio of -5.62 and a beta of 0.42.

Capitol Federal Financial (NASDAQ:CFFN) last posted its earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04. The firm had revenue of $82.80 million for the quarter, compared to the consensus estimate of $40.45 million. Capitol Federal Financial had a negative net margin of 34.17% and a positive return on equity of 3.85%. During the same period in the prior year, the business posted $0.12 earnings per share. As a group, sell-side analysts predict that Capitol Federal Financial will post 0.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Capitol Federal Financial to a “sell” rating in a research report on Tuesday, January 23rd.

Insider Buying and Selling

In other Capitol Federal Financial news, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction on Friday, March 1st. The stock was purchased at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the purchase, the executive vice president now directly owns 181,428 shares in the company, valued at $1,030,511.04. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Capitol Federal Financial news, Director Morris J. Huey II purchased 5,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was purchased at an average price of $5.70 per share, for a total transaction of $28,500.00. Following the completion of the purchase, the director now directly owns 271,000 shares in the company, valued at $1,544,700. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Rick C. Jackson bought 10,000 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was purchased at an average price of $5.68 per share, with a total value of $56,800.00. Following the purchase, the executive vice president now directly owns 181,428 shares of the company’s stock, valued at approximately $1,030,511.04. The disclosure for this purchase can be found here. Insiders have bought a total of 22,389 shares of company stock valued at $127,707 over the last three months. 2.20% of the stock is owned by corporate insiders.

Capitol Federal Financial Company Profile

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.