Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family first mortgage loans, and home equity loans and lines of credit; loans to individuals for the construction or renovation of one- to four-family residences, or for the construction of commercial real estate or multi-family residential buildings; overdraft lines of credit; and personal loans. In addition, the company engages in investment activities. As of August 18, 2021, it operated a total of 48 branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.
Kearny Financial Dividend Announcement
• Kearny Financial announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-11-06
• Kearny Financial annual dividend for 2024 was $0.44
• Kearny Financial annual dividend for 2023 was $0.44
• Kearny Financial's trailing twelve-month (TTM) dividend yield is 6.31%
• Kearny Financial's payout ratio for the trailing twelve months (TTM) is -30.49%
• Kearny Financial's dividend growth over the last five years (2018-2023) was 6.58% year
Kearny Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | $0.11 | quarterly | 2024-11-20 |
2024-08-12 | $0.11 | quarterly | 2024-08-26 |
2024-05-07 | $0.11 | quarterly | 2024-05-22 |
2024-02-06 | $0.11 | quarterly | 2024-02-21 |
2023-11-07 | $0.11 | quarterly | 2023-11-22 |
2023-08-08 | $0.11 | quarterly | 2023-08-23 |
2023-05-09 | $0.11 | quarterly | 2023-05-24 |
2023-02-07 | $0.11 | quarterly | 2023-02-22 |
2022-11-08 | $0.11 | quarterly | 2022-11-23 |
2022-08-09 | $0.11 | quarterly | 2022-08-24 |
2022-05-10 | $0.11 | quarterly | 2022-05-25 |
2022-02-08 | $0.11 | quarterly | 2022-02-23 |
2021-11-09 | $0.11 | quarterly | 2021-11-24 |
2021-08-31 | $0.10 | quarterly | 2021-09-15 |
2021-06-01 | $0.10 | quarterly | 2021-06-16 |
2021-03-02 | $0.09 | quarterly | 2021-03-17 |
2020-12-03 | $0.08 | quarterly | 2020-12-18 |
2020-09-01 | $0.08 | quarterly | 2020-09-16 |
2020-06-02 | $0.08 | quarterly | 2020-06-17 |
2020-03-03 | $0.08 | quarterly | 2020-03-18 |
2019-12-05 | $0.07 | quarterly | 2019-12-20 |
2019-09-03 | $0.06 | quarterly | 2019-09-18 |
2019-05-28 | $0.06 | quarterly | 2019-06-12 |
2019-03-05 | $0.06 | quarterly | 2019-03-20 |
2018-11-27 | $0.05 | quarterly | 2018-12-12 |
2018-10-02 | $0.16 | quarterly | 2018-10-17 |
2018-08-28 | $0.04 | quarterly | 2018-09-12 |
2018-06-05 | $0.04 | quarterly | 2018-06-20 |
2018-03-06 | $0.03 | quarterly | 2018-03-21 |
2017-12-05 | $0.03 | quarterly | 2017-12-20 |
2017-10-03 | $0.12 | quarterly | 2017-10-18 |
2017-08-28 | $0.03 | quarterly | 2017-09-13 |
2017-06-05 | $0.03 | quarterly | 2017-06-21 |
2017-02-27 | $0.03 | quarterly | 2017-03-15 |
2016-11-28 | $0.02 | quarterly | 2016-12-14 |
2016-08-29 | $0.02 | quarterly | 2016-09-14 |
2016-05-27 | $0.02 | quarterly | 2016-06-15 |
2016-03-07 | $0.02 | quarterly | 2016-03-23 |
2015-11-30 | $0.02 | quarterly | 2015-12-28 |
2015-09-10 | $0.02 | quarterly | 2015-09-28 |
2012-03-29 | $0.05 | quarterly | 2012-04-23 |
2011-12-28 | $0.05 | quarterly | 2012-01-23 |
2011-09-29 | $0.05 | quarterly | 2011-10-24 |
2011-06-29 | $0.05 | quarterly | 2011-07-22 |
2011-03-30 | $0.05 | quarterly | 2011-04-22 |
Kearny Financial Dividend per year
Kearny Financial Dividend growth
Kearny Financial Dividend Yield
Kearny Financial current trailing twelve-month (TTM) dividend yield is 6.31%. Interested in purchasing Kearny Financial stock? Use our calculator to estimate your expected dividend yield:
Kearny Financial Financial Ratios
Kearny Financial Dividend FAQ
Other factors to consider when evaluating Kearny Financial 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: Kearny Financial'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, Kearny Financial 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, Kearny Financial 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 Kearny Financial 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: Kearny Financial 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, Kearny Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kearny Financial 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 Kearny Financial'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 Kearny Financial'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.