As of today (2024-04-25), the Trailing Annual Dividend Yield of Kearny Financial is 7.67%.
Good Sign:
Kearny Financial Corp stock dividend yield is close to 10-year high.
The historical rank and industry rank for Kearny Financial's Dividend Yield % or its related term are showing as below:
KRNY'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.16 Med: 1.88 Max: 7.9
Current: 7.67
During the past 13 years, the highest Dividend Yield of Kearny Financial was 7.90%. The lowest was 0.16%. And the median was 1.88%.
KRNY's Dividend Yield % is ranked better than 86.06% of 1205
companies
in the Banks industry
Industry Median: 3.95
vs KRNY: 7.67
Kearny Financial's Dividend Payout Ratio for the
three
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 0.71, which seems too high.
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.
Kearny Financial's Dividends per Share for the
three
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 Yield % Historical Data
The historical data trend for Kearny Financial's Dividend Yield % 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.
Competitive Comparison of Kearny Financial's Dividend Yield %
For the Banks - Regional subindustry, Kearny Financial's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Kearny Financial's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kearny Financial's Dividend Yield % falls into.
Kearny Financial Dividend Yield % Calculation
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 0.110
2024-02-06
2024-02-07
2024-02-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.110
2023-11-07
2023-11-08
2023-11-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.110
2023-08-08
2023-08-09
2023-08-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.110
2023-05-09
2023-05-10
2023-05-24
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Kearny Financial's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kearny Financial (Kearny Financial) Business Description
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.
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