Washington Federal, Inc. (WAFD) To Go Ex-Dividend on November 3rd
Washington Federal, Inc. (NASDAQ:WAFD) declared a quarterly dividend on Thursday, October 26th, Wall Street Journal reports. Stockholders of record on Monday, November 6th will be paid a dividend of 0.15 per share by the bank on Monday, November 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Friday, November 3rd.
Washington Federal (NASDAQ:WAFD) last announced its earnings results on Wednesday, October 18th. The bank reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. The business had revenue of $128.69 million for the quarter, compared to the consensus estimate of $121.46 million. Washington Federal had a return on equity of 8.63% and a net margin of 28.87%.
Several research firms have issued reports on WAFD. ValuEngine downgraded Washington Federal from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Zacks Investment Research upgraded Washington Federal from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Friday, September 1st. Royal Bank Of Canada restated a “hold” rating and set a $35.00 price objective on shares of Washington Federal in a report on Friday, September 8th. Keefe, Bruyette & Woods restated a “hold” rating and set a $34.00 price objective on shares of Washington Federal in a report on Tuesday, July 25th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $34.00 price objective on shares of Washington Federal in a report on Friday, October 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Washington Federal currently has a consensus rating of “Hold” and an average target price of $36.00.
About Washington Federal
Washington Federal, Inc is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans.
Receive News & Ratings for Washington Federal Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Washington Federal Inc. and related companies with MarketBeat.com's FREE daily email newsletter.