Capitol Federal Financial (NASDAQ:CFFN) to Issue $0.09 Quarterly Dividend

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) declared a quarterly dividend on Tuesday, July 22nd, RTT News reports. Stockholders of record on Friday, August 1st will be paid a dividend of 0.085 per share by the savings and loans company on Friday, August 15th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.53%.

Capitol Federal Financial has a payout ratio of 61.8% meaning its dividend is sufficiently covered by earnings. Equities 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 Stock Down 0.2%

Shares of CFFN traded down $0.01 during trading hours on Tuesday, reaching $6.15. The stock had a trading volume of 575,646 shares, compared to its average volume of 815,388. Capitol Federal Financial has a 12 month low of $4.90 and a 12 month high of $7.20. The firm has a 50-day simple moving average of $5.95 and a 200 day simple moving average of $5.79. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 2.07. The company has a market capitalization of $816.72 million, a price-to-earnings ratio of 15.38 and a beta of 0.56.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The company had revenue of $48.79 million during the quarter, compared to analyst estimates of $47.81 million. Capitol Federal Financial had a return on equity of 5.10% and a net margin of 12.91%. Equities research analysts predict that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Rick C. Jackson bought 15,000 shares of Capitol Federal Financial stock in a transaction that occurred on Wednesday, May 7th. The shares were acquired at an average price of $5.69 per share, with a total value of $85,350.00. Following the completion of the purchase, the executive vice president directly owned 206,428 shares in the company, valued at $1,174,575.32. The trade was a 7.84% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jeffrey M. Johnson bought 20,000 shares of Capitol Federal Financial stock in a transaction that occurred on Friday, April 25th. The stock was purchased at an average cost of $5.56 per share, for a total transaction of $111,200.00. Following the purchase, the director owned 132,900 shares of the company's stock, valued at $738,924. The trade was a 17.71% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 3.20% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of Capitol Federal Financial by 18.4% in the first quarter. Jane Street Group LLC now owns 209,504 shares of the savings and loans company's stock worth $1,173,000 after buying an additional 32,523 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Capitol Federal Financial by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,638 shares of the savings and loans company's stock valued at $412,000 after acquiring an additional 3,036 shares in the last quarter. Caxton Associates LLP bought a new stake in Capitol Federal Financial during the 1st quarter valued at approximately $315,000. Dynamic Technology Lab Private Ltd bought a new stake in Capitol Federal Financial during the 1st quarter valued at approximately $119,000. Finally, Strs Ohio bought a new stake in Capitol Federal Financial during the 1st quarter valued at approximately $59,000. Institutional investors own 88.51% of the company's stock.

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.

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