Kearny Financial Corp. Declares Quarterly Cash Dividend

(Neutral)

Rhea-AI Summary

Kearny Financial Corp. (NASDAQ GS: KRNY) has declared a quarterly cash dividend of $0.08 per share for stockholders of record as of September 2, 2020. This dividend will be payable on September 16, 2020. As of June 30, 2020, the company reported total assets of approximately $6.8 billion. Kearny Financial Corp. operates Kearny Bank from its headquarters in Fairfield, New Jersey, with 51 retail branch offices across northern and central New Jersey and New York.

Positive

Quarterly cash dividend of $0.08 per share declared, beneficial for shareholders.
Company demonstrates confidence with regular dividend issuance.

Negative

None.

News Market Reaction – KRNY

-1.34%

-1.34% Session move

In the trading session that priced this news, KRNY declined 1.34%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

08/19/2020 - 04:30 PM

FAIRFIELD, N.J., Aug. 19, 2020 (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 $0.08 per share to stockholders of record as of September 2, 2020, payable on September 16, 2020.

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 51 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. At June 30, 2020, Kearny Financial Corp. had approximately $6.8 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

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

Kearny Financial Corp. declared a quarterly cash dividend of $0.08 per share.

When will the dividend be paid to shareholders of KRNY?

The dividend will be payable on September 16, 2020.

Who is eligible for the dividend payment from Kearny Financial Corp.?

Shareholders of record as of September 2, 2020, are eligible for the dividend payment.

What are Kearny Financial Corp.'s total assets as of June 30, 2020?

As of June 30, 2020, Kearny Financial Corp. had approximately $6.8 billion in total assets.