Kearny Financial Corp. (NASDAQ:KRNY) declared a quarterly dividend on Wednesday, November 20th, Zacks reports. Investors of record on Friday, December 6th will be given a dividend of 0.07 per share by the savings and loans company on Friday, December 20th. This represents a $0.28 annualized dividend and a yield of 1.99%. The ex-dividend date is Thursday, December 5th. This is a boost from Kearny Financial’s previous quarterly dividend of $0.06.

Shares of KRNY stock opened at $14.09 on Tuesday. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 28.78 and a beta of 0.42. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.12 and a current ratio of 1.13. Kearny Financial has a 52 week low of $11.26 and a 52 week high of $14.40. The firm’s 50-day simple moving average is $13.91 and its two-hundred day simple moving average is $13.40.

Kearny Financial (NASDAQ:KRNY) last released its earnings results on Wednesday, October 30th. The savings and loans company reported $0.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.04. The firm had revenue of $40.65 million during the quarter. Kearny Financial had a net margin of 16.72% and a return on equity of 3.81%.

In related news, EVP Timothy A. Swansson sold 2,800 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $14.17, for a total value of $39,676.00. Also, Director John F. Mcgovern acquired 4,000 shares of the company’s stock in a transaction on Wednesday, September 4th. The shares were acquired at an average cost of $12.55 per share, for a total transaction of $50,200.00. The disclosure for this purchase can be found here. 4.57% of the stock is owned by corporate insiders.

Separately, BidaskClub raised Kearny Financial from a “sell” rating to a “hold” rating in a report on Wednesday, October 23rd.

Kearny Financial Company Profile

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.

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Dividend History for Kearny Financial (NASDAQ:KRNY)

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