Capitol Federal Financial, Inc. to Issue Special Dividend of $0.25 (NASDAQ:CFFN)

Capitol Federal Financial, Inc. (NASDAQ:CFFN) announced a special dividend on Wednesday, June 5th, Wall Street Journal reports. Investors of record on Friday, June 14th will be paid a dividend of 0.25 per share by the savings and loans company on Friday, June 28th. This represents a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, June 13th.

Capitol Federal Financial has a dividend payout ratio of 54.0% meaning its dividend is sufficiently covered by earnings.

Capitol Federal Financial stock traded up $0.18 during mid-day trading on Friday, reaching $13.77. The company’s stock had a trading volume of 734,300 shares, compared to its average volume of 328,357. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 19.25 and a beta of 0.56. The firm’s 50 day moving average is $13.51. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.73. Capitol Federal Financial has a twelve month low of $11.80 and a twelve month high of $14.15.

Capitol Federal Financial (NASDAQ:CFFN) last released its quarterly earnings data on Monday, April 29th. The savings and loans company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. Capitol Federal Financial had a net margin of 26.82% and a return on equity of 6.82%. The firm had revenue of $57.60 million during the quarter.

In related news, Director Michel Philipp Cole acquired 2,902 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The shares were acquired at an average cost of $13.49 per share, for a total transaction of $39,147.98. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.10% of the stock is owned by insiders.

Separately, BidaskClub downgraded shares of Capitol Federal Financial from a “hold” rating to a “sell” rating in a report on Friday, March 22nd.

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 deposits.

See Also: What is Cost of Capital?

Dividend History for Capitol Federal Financial (NASDAQ:CFFN)

Receive News & Ratings for Capitol Federal Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capitol Federal Financial and related companies with MarketBeat.com's FREE daily email newsletter.