Capitol Federal Financial (NASDAQ:CFFN) Plans Quarterly Dividend of $0.09

Capitol Federal Financial (NASDAQ:CFFN) announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, August 7th will be paid a dividend of 0.085 per share by the savings and loans company on Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, August 7th.

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

Capitol Federal Financial Stock Performance

Shares of NASDAQ CFFN opened at $8.78 on Wednesday. The firm’s 50-day moving average price is $8.23 and its 200-day moving average price is $7.64. Capitol Federal Financial has a 52-week low of $5.71 and a 52-week high of $8.84. The company has a market cap of $1.11 billion, a PE ratio of 14.63 and a beta of 0.68. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.66.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The company had revenue of $57.73 million for the quarter, compared to analysts’ expectations of $56.97 million. Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%.

Hedge Funds Weigh In On Capitol Federal Financial

Several institutional investors have recently made changes to their positions in the business. Millennium Management LLC lifted its stake in shares of Capitol Federal Financial by 384.4% in the 3rd quarter. Millennium Management LLC now owns 1,122,725 shares of the savings and loans company’s stock worth $7,129,000 after purchasing an additional 890,959 shares during the period. AQR Capital Management LLC grew its position in Capitol Federal Financial by 39.8% during the second quarter. AQR Capital Management LLC now owns 2,418,765 shares of the savings and loans company’s stock valued at $14,754,000 after buying an additional 688,130 shares during the period. Towle & Co. bought a new stake in Capitol Federal Financial during the first quarter valued at approximately $3,396,000. Invesco Ltd. increased its holdings in Capitol Federal Financial by 25.5% during the second quarter. Invesco Ltd. now owns 2,311,690 shares of the savings and loans company’s stock valued at $14,101,000 after buying an additional 469,641 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Capitol Federal Financial by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 12,690,697 shares of the savings and loans company’s stock valued at $86,424,000 after buying an additional 442,592 shares during the last quarter. Institutional investors own 88.51% of the company’s stock.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.

Established in 1893, Capitol Federal has grown into one of the nation’s largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.