By the close of today, August 08, 2023, Pathward Financial CASH will issue a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 0.46%. Only those investors who owned the stock prior to the ex-dividend date on June 07, 2023 will receive this payout.
Pathward Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-07 | 4 | $0.05 | 0.46% | 2023-05-11 | 2023-06-08 | 2023-07-03 |
| 2023-03-10 | 4 | $0.05 | 0.4% | 2023-03-02 | 2023-03-13 | 2023-04-03 |
| 2022-12-07 | 4 | $0.05 | 0.46% | 2022-11-17 | 2022-12-08 | 2023-01-02 |
| 2022-09-07 | 4 | $0.05 | 0.58% | 2022-08-25 | 2022-09-08 | 2022-10-03 |
| 2022-06-08 | 4 | $0.05 | 0.5% | 2022-05-18 | 2022-06-09 | 2022-07-01 |
| 2022-03-09 | 4 | $0.05 | 0.37% | 2022-02-24 | 2022-03-10 | 2022-04-01 |
| 2021-12-08 | 4 | $0.05 | 0.32% | 2021-11-18 | 2021-12-09 | 2022-01-03 |
| 2021-09-08 | 4 | $0.05 | 0.4% | 2021-08-26 | 2021-09-09 | 2021-10-01 |
| 2021-06-09 | 4 | $0.05 | 0.4% | 2021-05-17 | 2021-06-10 | 2021-07-01 |
| 2021-03-09 | 4 | $0.05 | 0.45% | 2021-02-25 | 2021-03-10 | 2021-04-01 |
| 2020-12-09 | 4 | $0.05 | 0.59% | 2020-11-19 | 2020-12-10 | 2021-01-04 |
| 2020-09-09 | 4 | $0.05 | 1.06% | 2020-08-27 | 2020-09-10 | 2020-10-01 |
Compared to its industry peers, Pathward Financial's dividend yield is relatively lower, with Northwest Bancshares NWBI having a higher annualized dividend yield of 6.62%.
Analyzing Pathward Financial Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company maintained a consistent dividend per share of $0.20. This signifies the company's dedication to a stable dividend policy, which is reassuring for shareholders seeking reliable returns on their investments.
YoY Earnings Growth For Pathward Financial
Investors can observe a growth in earnings for Pathward Financial from 2019 to 2022, as earnings per share increased from $2.73 to $4.48. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article provides an in-depth analysis of Pathward Financial's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.05 per share, resulting in an annualized dividend yield of 0.46%.
Compared to its industry peers, Pathward Financial's dividend yield is relatively lower, with Northwest Bancshares having a higher annualized dividend yield of 6.62%.
The unaltered dividend per share during 2019 to 2022 does not diminish the significance of the increasing earnings per share for Pathward Financial. This upward trend suggests the company's financial stability and its potential to sustain the distribution of profits to shareholders.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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