Dividend Growth of Kearny Financial(KRNY)

Kearny Financial(KRNY) is having a Dividend Yield of 0.52% with the Annual cash Dividend per share of $0.08. The last quarter cash dividend per share pay out was $0.02. Kearny Financial has a 5 year average dividend yield of 0.34% and the stock has a Indicated annual dividend of $0.08. Kearny Financial(KRNY) formally announced its most recent dividend on November 17, 2016 with a Dividend per share of $0.02. The new indicated annual dividend based on announced dividend per share is $0.08. The dividend yield based on the forward looking indicated annual dividend is 0.52%. Kearny Financial(KRNY) has the most recent dividend payout ratio of 0.38 with a 5-year average payout ratio of 0.33. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05.

Kearny Financial (NASDAQ:KRNY) rose 0.98% or 0.15 points on Thursday and made its way into the gainers of the day. After trading began at $15.3 the stock was seen hitting $15.55 as a peak level and $15.15 as the lowest level. The stock ended up at $15.5. The daily volume was measured at 523,313 shares. The 52-week high of the share price is $16.1 and the 52-week low is $11.7. The company has a market cap of $1,368 million. Shares of Kearny Financial Corp. rose by 2.99% in the last five trading days and 7.64% for the last 4 weeks. Kearny Financial Corp. is up 3.47% in the last 3-month period. Year-to-Date the stock performance stands at -0.32%.

Currently the company Insiders own 2.68% of Kearny Financial shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.93% . Institutional Investors own 65.58% of Kearny Financial shares. During last six month period, the net percent change held by insiders has seen a change of -7.93%. Company has reported several Insider transactions to the SEC, on Feb 3, 2017, John F Regan (director) sold 13,450 shares at 14.96 per share price.On Aug 23, 2016, Christopher Petermann (director) purchased 200 shares at 13.61 per share price.On Aug 11, 2016, Leopold W Montanaro (director) purchased 1,290 shares at 13.09 per share price.

Kearny Financial Corp. through its subsidiary, Kearny Federal Savings Bank, offers products including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts and certificates of deposit accounts. The Company also offers one-to-four family mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and home equity lines of credit, construction loans and commercial business loans. Kearny Financial Corp is headquartered in Fairfield, New Jersey.


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