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

Capitol Federal Financial, Inc. (NASDAQ:CFFN) declared a quarterly dividend on Tuesday, April 23rd, RTT News reports. Shareholders 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 yield of 6.56%.

Capitol Federal Financial has a dividend payout ratio of 64.2% indicating that 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 Price Performance

CFFN stock opened at $5.18 on Thursday. Capitol Federal Financial has a 52 week low of $4.22 and a 52 week high of $6.88. The firm’s 50-day moving average is $5.65 and its two-hundred day moving average is $5.67. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.37 and a current ratio of 1.37.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings results on Wednesday, January 24th. The savings and loans company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.04. Capitol Federal Financial had a negative net margin of 34.17% and a positive return on equity of 3.85%. The company had revenue of $82.80 million for the quarter, compared to the consensus estimate of $40.45 million. During the same period in the previous year, the firm earned $0.12 EPS. Equities research analysts expect that Capitol Federal Financial will post 0.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded 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 bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were acquired at an average cost of $5.68 per share, for a total transaction of $56,800.00. Following the acquisition, the executive vice president now directly owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, EVP Rick C. Jackson purchased 10,000 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were acquired at an average price of $5.68 per share, for a total transaction of $56,800.00. Following the completion of the acquisition, the executive vice president now directly owns 181,428 shares of the company’s stock, valued at $1,030,511.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Morris J. Huey II purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of $5.70 per share, for a total transaction of $28,500.00. Following the acquisition, the director now directly owns 271,000 shares of the company’s stock, valued at $1,544,700. The disclosure for this purchase can be found here. Insiders have acquired 22,389 shares of company stock worth $127,707 in the last ninety days. 2.20% of the stock is currently owned by corporate insiders.

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.