Kearny Financial (KRNY) To Go Ex-Dividend on February 4th

Kearny Financial (NASDAQ:KRNY) declared a quarterly dividend on Thursday, January 22nd. Investors of record on Wednesday, February 4th will be given a dividend of 0.11 per share by the savings and loans company on Wednesday, February 18th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Wednesday, February 4th.

Kearny Financial has increased its dividend payment by an average of 0.1%per year over the last three years. Kearny Financial has a dividend payout ratio of 55.7% indicating that its dividend is sufficiently covered by earnings.

Kearny Financial Stock Performance

Shares of NASDAQ KRNY opened at $7.80 on Friday. The firm has a 50 day moving average of $7.43 and a 200 day moving average of $6.79. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 1.60. The firm has a market capitalization of $504.97 million, a price-to-earnings ratio of 15.00 and a beta of 0.70. Kearny Financial has a 12-month low of $5.45 and a 12-month high of $8.50.

Kearny Financial (NASDAQ:KRNY) last released its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.01). The business had revenue of $43.54 million during the quarter, compared to the consensus estimate of $44.84 million. Kearny Financial had a return on equity of 4.27% and a net margin of 9.41%.

Kearny Financial Company Profile

Kearny Financial, Inc was the bank holding company for Kearny Bank, a New Jersey–based community bank offering a full suite of commercial and consumer banking services. Through its subsidiary, the company provided deposit products, lending facilities and electronic banking solutions to individuals, small businesses and middle-market corporations.

The company’s core products included checking and savings accounts, certificates of deposit, residential and commercial real estate loans, construction financing, equipment financing, home equity lines of credit and consumer installment loans.