Pathward Financial, Inc. (CASH) to Issue Quarterly Dividend of $0.05 on July 1st

Pathward Financial, Inc. (NASDAQ:CASH) declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Thursday, June 11th will be given a dividend of 0.05 per share by the savings and loans company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, June 11th.

Pathward Financial has a dividend payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Pathward Financial to earn $9.63 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.1%.

Pathward Financial Stock Up 0.6%

Pathward Financial stock opened at $80.39 on Tuesday. The company has a market capitalization of $1.70 billion, a P/E ratio of 9.55 and a beta of 0.61. The firm’s fifty day simple moving average is $87.38 and its 200-day simple moving average is $83.88. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. Pathward Financial has a 1-year low of $65.87 and a 1-year high of $101.26.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $3.35. The business had revenue of $276.30 million for the quarter, compared to the consensus estimate of $272.04 million. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. Pathward Financial’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm earned $3.11 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Sell-side analysts forecast that Pathward Financial will post 8.73 earnings per share for the current fiscal year.

Pathward Financial Company Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.