Pathward Financial, Inc. Declares Quarterly Dividend of $0.05 (NASDAQ:CASH)

Pathward Financial, Inc. (NASDAQ:CASH) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, June 11th.

Pathward Financial has a dividend payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Pathward Financial to earn $9.63 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.1%.

Pathward Financial Trading Up 0.1%

Shares of CASH opened at $82.65 on Friday. Pathward Financial has a 52-week low of $65.87 and a 52-week high of $101.26. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average is $89.48 and its two-hundred day moving average is $82.75. The stock has a market cap of $1.74 billion, a PE ratio of 9.82 and a beta of 0.64.

Pathward Financial (NASDAQ:CASH) last announced its earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $3.35. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The company had revenue of $276.30 million for the quarter, compared to analysts’ expectations of $272.04 million. During the same quarter in the previous year, the company posted $3.11 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Research analysts forecast that Pathward Financial will post 8.73 earnings per share for the current fiscal year.

About Pathward Financial

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.