CFSB Bancorp, Inc. focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit. The company also offers one- to four-family residential real estate loans, multi-family real estate loans, commercial real estate loans, second mortgage loans, home equity lines of credit, and consumer loans. In addition, it invests in various types of investment grade investment securities and liquid assets comprising the U.S. treasury obligations, securities of various government-sponsored enterprises, corporate debt, mortgage-backed securities, collateralized mortgage obligations, asset-backed securities, municipal obligations, mutual funds, and certificates of deposit of federally insured institutions. The company operates through three full-service banking offices and one limited-service branch office in Norfolk County, Massachusetts. The company was founded in 1889 and is based in Quincy, Massachusetts. CFSB Bancorp, Inc. operates as a subsidiary of 15 Beach, MHC.
CFSB Bancorp Dividend Announcement
• CFSB Bancorp announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2005-02-23. Ex dividend date: 2005-02-07
• CFSB Bancorp's trailing twelve-month (TTM) dividend yield is -%
CFSB Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2005-02-07 | $0.10 | quarterly | 2005-02-23 |
2004-11-09 | $0.10 | quarterly | 2004-11-26 |
2004-08-10 | $0.10 | quarterly | 2004-08-24 |
2004-05-07 | $0.10 | quarterly | 2004-05-25 |
2004-02-05 | $0.10 | quarterly | 2004-02-23 |
2003-11-06 | $0.10 | quarterly | 2003-11-24 |
2003-08-07 | $0.10 | quarterly | 2003-08-25 |
2003-05-08 | $0.10 | quarterly | 2003-05-27 |
2003-02-06 | $0.10 | quarterly | 2003-02-24 |
2002-11-07 | $0.10 | quarterly | 2002-11-26 |
2002-08-08 | $0.07 | quarterly | 2002-08-26 |
2002-05-08 | $0.07 | quarterly | 2002-05-24 |
2002-02-07 | $0.07 | quarterly | 2002-02-25 |
2001-11-08 | $0.06 | quarterly | 2001-11-27 |
2001-08-09 | $0.06 | quarterly | 2001-08-27 |
2001-05-09 | $0.06 | quarterly | 2001-05-25 |
2001-02-08 | $0.05 | quarterly | 2001-02-26 |
2000-11-09 | $0.05 | quarterly | 2000-11-27 |
CFSB Bancorp Dividend per year
CFSB Bancorp Dividend growth
CFSB Bancorp Dividend Yield
CFSB Bancorp current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing CFSB Bancorp stock? Use our calculator to estimate your expected dividend yield:
CFSB Bancorp Financial Ratios
CFSB Bancorp Dividend FAQ
Other factors to consider when evaluating CFSB Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CFSB Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CFSB Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CFSB Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CFSB Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CFSB Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CFSB Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CFSB Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CFSB Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CFSB Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.