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Kearny Financial Corp. Declares Quarterly Cash Dividend

Kearny Financial Corp. (NASDAQ GS: KRNY) has declared a quarterly cash dividend of $0.08 per share for stockholders of record as of December 4, 2020.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

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 December 4, 2020. The dividend will be payable on December 18, 2020. As of September 30, 2020, the company reported approximately $7.3 billion in total assets. Kearny Financial is the parent company of Kearny Bank, which operates 50 retail branches in New Jersey and New York.

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Positive

  • Quarterly cash dividend of $0.08 per share declared, providing direct income for shareholders.
  • Company maintains significant assets of approximately $7.3 billion.

Negative

  • None.
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-1.30% session move Open Argus
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News Market Reaction – KRNY

The recorded move for KRNY in the trading session of this news was -1.30%.

Data tracked by StockTitan Argus. Session date unavailable.

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FAIRFIELD, N.J., Nov. 18, 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 December 4, 2020, payable on December 18, 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 50 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. At September 30, 2020, Kearny Financial Corp. had approximately $7.3 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 declared by Kearny Financial Corp. (KRNY)?

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

When is the dividend for KRNY payable?

The dividend will be payable on December 18, 2020.

Who is eligible for the KRNY dividend?

Stockholders of record as of December 4, 2020, are eligible for the dividend.

How often does Kearny Financial pay dividends?

Kearny Financial typically pays dividends quarterly.

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