Pathward Financial, Inc. to Issue Quarterly Dividend of $0.05 (NASDAQ:CASH)

Pathward Financial, Inc. (NASDAQ:CASH) declared a quarterly dividend on Thursday, February 26th. Stockholders of record on Thursday, March 12th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, March 12th.

Pathward Financial has a dividend payout ratio of 2.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Pathward Financial to earn $8.48 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 2.4%.

Pathward Financial Stock Performance

Shares of NASDAQ:CASH traded up $0.61 during midday trading on Thursday, reaching $94.88. 286,658 shares of the company traded hands, compared to its average volume of 300,125. Pathward Financial has a 12 month low of $64.45 and a 12 month high of $96.06. The firm’s fifty day moving average price is $82.78 and its two-hundred day moving average price is $76.71. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 11.52 and a beta of 0.75.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.The firm had revenue of $173.10 million for the quarter, compared to analysts’ expectations of $185.80 million. During the same period in the prior year, the business posted $1.29 earnings per share. The company’s revenue was down .2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, equities analysts expect that Pathward Financial will post 7.26 earnings per share for the current year.

About Pathward Financial

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.