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

Pathward Financial, Inc. (NASDAQ:CASH – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, June 11th.

Pathward Financial has a dividend payout ratio of 2.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Pathward Financial to earn $9.63 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 2.1%.

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Pathward Financial Price Performance

CASH traded up $0.07 during midday trading on Thursday, reaching $82.65. 154,658 shares of the company’s stock were exchanged, compared to its average volume of 250,198. Pathward Financial has a one year low of $65.87 and a one year high of $101.26. The business has a 50-day simple moving average of $89.62 and a two-hundred day simple moving average of $82.65. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 9.82 and a beta of 0.64.

Pathward Financial (NASDAQ:CASH – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $3.35. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The company had revenue of $276.30 million during the quarter, compared to analysts’ expectations of $272.04 million. During the same quarter in the previous year, the company posted $3.11 earnings per share. Pathward Financial’s quarterly revenue was up 5.1% compared to the same quarter last year. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, research analysts predict that Pathward Financial will post 8.73 EPS for the current year.

Pathward Financial Company Profile

(Get Free Report)

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.

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