On January 08, 2024, Pathward Financial CASH will distribute a dividend payout of $0.05 per share, equating to an annualized dividend yield of 0.40%. Shareholders who owned the stock before the ex-dividend date on December 11, 2023 will receive this payout.
Pathward Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-11 | 4 | $0.05 | 0.4% | 2023-11-16 | 2023-12-12 | 2024-01-02 |
| 2023-09-11 | 4 | $0.05 | 0.42% | 2023-08-25 | 2023-09-12 | 2023-10-02 |
| 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 |
When it comes to dividend yield, Pathward Financial falls behind its industry peers, with Northwest Bancshares NWBI boasting a higher annualized dividend yield of 6.44%.
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 2020 to 2023, 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
The earnings chart above shows that from 2020 to 2023, Pathward Financial has experienced an increase in their earnings from $2.41 per share to $6.11 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article takes an in-depth look at Pathward Financial's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.05 per share today, translating to an annualized dividend yield of 0.40%.
When it comes to dividend yield, Pathward Financial falls behind its industry peers, with Northwest Bancshares boasting a higher annualized dividend yield of 6.44%.
Despite maintaining an unchanged dividend per share from 2020 to 2023, the steady increase in earnings per share for Pathward Financial suggests a strong financial standing and positions the company to continue distributing their profits back to their investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
