Astoria Financial Corp. (NYSE:AF) announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Monday, August 8th will be paid a dividend of 0.04 per share on Friday, August 19th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.10%.
AF has been the subject of a number of recent research reports. TheStreet raised shares of Astoria Financial Corp. from a “hold” rating to a “buy” rating in a research report on Monday, June 6th. Zacks Investment Research raised shares of Astoria Financial Corp. from a “sell” rating to a “hold” rating in a research report on Monday, April 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Astoria Financial Corp. presently has an average rating of “Hold” and an average price target of €15.78 ($17.53).
Astoria Financial Corp. (NYSE:AF) traded down 2.95% on Wednesday, reaching $14.48. 822,941 shares of the company’s stock traded hands. Astoria Financial Corp. has a 52-week low of $13.92 and a 52-week high of $18.13. The stock has a market capitalization of $1.45 billion and a PE ratio of 18.59. The firm’s 50-day moving average is $15.17 and its 200 day moving average is $15.21.
Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business includes the operation of its wholly owned subsidiary, Astoria Bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one-to-four family, or residential, mortgage loans, and mortgage-backed securities.
