Kearny Financial (Kearny Financial) Dividend Payout Ratio : 1.00 (As of Dec. 2023)

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What is Kearny Financial Dividend Payout Ratio?

Kearny Financial's dividend payout ratio for the months ended in Dec. 2023 was 1.00.

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 0.76, which seems too high.

The historical rank and industry rank for Kearny Financial's Dividend Payout Ratio or its related term are showing as below:

KRNY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.45 Max: 0.76
Current: 0.76

During the past 13 years, the highest Dividend Payout Ratio of Kearny Financial was 0.76. The lowest was 0.43. And the median was 0.45.

KRNY's Dividend Payout Ratio is ranked worse than
89.72% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs KRNY: 0.76

As of today (2024-04-29), the Dividend Yield % of Kearny Financial is 7.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kearny Financial was 7.69%. The lowest was 0.16%. And the median was 1.88%.

Kearny Financial's Dividends per Share for the months ended in Dec. 2023 was $0.11.

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.

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.

The growth rate is calculated with least square regression.

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

Kearny Financial Dividend Payout Ratio Historical Data

The historical data trend for Kearny Financial's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Kearny Financial Dividend Payout Ratio Chart

Kearny Financial Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.46

0.50

0.44

0.45

0.56

Kearny Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.69	0.58	0.69	1.00	0.92

Competitive Comparison of Kearny Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, Kearny Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kearny Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kearny Financial's Dividend Payout Ratio falls into.

Kearny Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Kearny Financial's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.44	/	0.78
	=	0.56

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

Kearny Financial (NAS:KRNY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Kearny Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Kearny Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Kearny Financial (Kearny Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kearny Financial Corp (NAS:KRNY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Passaic Avenue, Fairfield, NJ, USA, 07004

Website

https://www.kearnybank.com

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