Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) declared a quarterly dividend on Tuesday, July 22nd, RTT News reports. Investors 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 annualized dividend and a dividend yield of 5.46%. The ex-dividend date of this dividend is Friday, August 1st.
Capitol Federal Financial has a payout ratio of 61.8% indicating that its dividend is sufficiently covered by earnings. 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 Trading Down 0.3%
Capitol Federal Financial stock traded down $0.02 during mid-day trading on Friday, reaching $6.23. 645,421 shares of the company traded hands, compared to its average volume of 674,516. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.27 and a quick ratio of 1.28. The firm's 50 day moving average price is $5.99 and its 200 day moving average price is $5.80. The firm has a market capitalization of $827.34 million, a price-to-earnings ratio of 13.26 and a beta of 0.56. Capitol Federal Financial has a 52-week low of $4.90 and a 52-week high of $7.20.
Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Capitol Federal Financial had a net margin of 14.87% and a return on equity of 5.92%. The firm had revenue of $50.75 million for the quarter, compared to analysts' expectations of $50.51 million. On average, analysts anticipate that Capitol Federal Financial will post 0.46 earnings per share for the current fiscal year.
Insider Transactions at Capitol Federal Financial
In related news, EVP Rick C. Jackson bought 15,000 shares of the stock in a transaction on Wednesday, May 7th. The shares were acquired at an average price of $5.69 per share, for a total transaction of $85,350.00. Following the purchase, the executive vice president owned 206,428 shares of the company's stock, valued at approximately $1,174,575.32. The trade was a 7.84% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.20% of the company's stock.
Institutional Investors Weigh In On Capitol Federal Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 buying an additional 3,036 shares in the last quarter. Strs Ohio purchased a new stake in Capitol Federal Financial during the 1st quarter valued at approximately $59,000. Dynamic Technology Lab Private Ltd purchased a new stake in Capitol Federal Financial during the 1st quarter valued at approximately $119,000. Jane Street Group LLC boosted its position in shares of Capitol Federal Financial by 18.4% during the 1st quarter. Jane Street Group LLC now owns 209,504 shares of the savings and loans company's stock valued at $1,173,000 after acquiring an additional 32,523 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in Capitol Federal Financial in the first quarter worth $315,000. 88.51% of the stock is owned by hedge funds and other institutional investors.
About Capitol Federal Financial
(
Get Free Report)
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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