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Kearny Financial (Kearny Financial) 3-Year Dividend Growth Rate

: 14.90% (As of Dec. 2023)
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Kearny Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.11.

The historical rank and industry rank for Kearny Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

KRNY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.1   Med: 27   Max: 42.6
Current: 14.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kearny Financial was 42.60% per year. The lowest was -9.10% per year. And the median was 27.00% per year.

KRNY's 3-Year Dividend Growth Rate is ranked better than
71.74% of 782 companies
in the Banks industry
Industry Median: 7.55 vs KRNY: 14.90

During the past 3 years, the average Dividends Per Share Growth Rate was 14.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kearny Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.00. As of today, Kearny Financial's Dividend Yield % is 7.49%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kearny Financial Corp is 0.71, which seems too high.

Good Sign:

Kearny Financial Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Kearny Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kearny Financial 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Kearny Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kearny Financial's 3-Year Dividend Growth Rate falls into.



Kearny Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kearny Financial  (NAS:KRNY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kearny Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.11/ 0.11
=1.00

During the past 13 years, the highest Dividend Payout Ratio of Kearny Financial was 0.71. The lowest was 0.43. And the median was 0.45.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kearny Financial Corp is 0.71, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Kearny Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-02-062024-02-072024-02-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-11-072023-11-082023-11-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-08-082023-08-092023-08-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-05-092023-05-102023-05-24Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Kearny Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.44/5.83
=7.55 %

Current Share Price is $5.83.
Kearny Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

During the past 13 years, the highest Dividend Yield of Kearny Financial was 7.96%. The lowest was 0.16%. And the median was 1.88%.

Good Sign:

Kearny Financial Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kearny Financial 3-Year Dividend Growth Rate Related Terms>


Kearny Financial (Kearny Financial) Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004