Kearny Financial Corp. Declares Increased Quarterly Cash Dividend

Kearny Financial Corp. (NASDAQ GS: KRNY) has declared a quarterly cash dividend of $0.10 per share to stockholders of record as of June 2, 2021, payable on June 16, 2021.

Rhea-AI Summary

Kearny Financial Corp. (NASDAQ GS: KRNY) has declared a quarterly cash dividend of $0.10 per share to stockholders of record as of June 2, 2021, payable on June 16, 2021. This marks an increase from the previous quarter's dividend of $0.09 per share. As of March 31, 2021, Kearny Financial Corp. boasts total assets of approximately $7.4 billion, with its operations supported by 49 branch offices across New Jersey and New York.

Positive

• Increase in quarterly cash dividend to $0.10 per share from $0.09, signaling confidence in financial stability.
• Total assets of approximately $7.4 billion as of March 31, 2021, indicating strong financial footing.

Negative

• None.

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The recorded move for KRNY in the trading session of this news was -0.46%.

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FAIRFIELD, N.J., May 19, 2021 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.10 per share to stockholders of record as of June 2, 2021, payable on June 16, 2021. This represents an increase of $0.01 from the prior quarter’s dividend of $0.09 per share.

About Kearny Financial Corp.
Kearny Financial Corp. is the parent company of Kearny Bank which operates from its administrative headquarters in Fairfield, New Jersey, and a total of 49 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. At March 31, 2021, Kearny Financial Corp. had approximately $7.4 billion in total assets.

For further information contact:
Craig L. Montanaro, President and Chief Executive Officer, or
Keith Suchodolski, Executive Vice President and Chief Financial Officer
Kearny Financial Corp.
(973) 244-4500

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Kearny Financial Corp.?

Kearny Financial Corp. has declared a quarterly cash dividend of $0.10 per share.

When is the dividend payment date for Kearny Financial Corp.?

The dividend payment date is June 16, 2021.

What was the previous dividend amount for Kearny Financial Corp.?

The previous dividend amount was $0.09 per share.

Who is eligible to receive the dividend from Kearny Financial Corp.?

Stockholders of record as of June 2, 2021, are eligible to receive the dividend.