Kearny Financial (KRNY) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.5 years, KRNY has averaged an annual trailing twelve month dividend growth rate of 17.05%.
- KRNY reports a compound annual dividend growth rate of 0.64% over the past 5.5 years.
- KRNY has an EBITDA to net debt ratio of 0.11; for context, that's better than just 14.31% stocks in our set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with KRNY's price: SVT, MOMO, RKT, BAP and RGLD.
KRNY Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $5.54 | $19.7 | 52.7% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Kearny Financial Corp, the DDM model, as implemented by StockNews, implies a positive return of 52.7% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Kearny Financial Corp are:
- Relative to all dividend yielding stocks in our set, KRNY offers a dividend yield in the top 28.87% of stocks in our set.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of 52.7%, based on the stock's current share price and target price based on a dividend discount model, is greater than 66.15% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Kearny Financial Corp bears a discount rate, according to our calculations, lower than 66.15% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, KRNY boasts a higher growth rate in terms of its annual cash distributed to its owners than 94.79% of the dividend issuers in our set.
KRNY Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-06 | Dividend | $0.11 | -- |
| 2023-11-07 | Dividend | $0.11 | -- |
| 2023-08-08 | Dividend | $0.11 | -- |
| 2023-05-09 | Dividend | $0.11 | -- |
| 2023-02-07 | Dividend | $0.11 | -- |
| 2022-11-08 | Dividend | $0.11 | -- |
| 2022-08-09 | Dividend | $0.11 | -- |
| 2022-05-10 | Dividend | $0.11 | -- |
| 2022-02-08 | Dividend | $0.11 | -- |
| 2021-11-09 | Dividend | $0.11 | +10.00% |
| 2021-08-31 | Dividend | $0.10 | -- |
| 2021-06-01 | Dividend | $0.10 | +11.11% |
| 2021-03-02 | Dividend | $0.09 | +12.50% |
| 2020-12-03 | Dividend | $0.08 | -- |
| 2020-09-01 | Dividend | $0.08 | -- |
| 2020-06-02 | Dividend | $0.08 | -- |
| 2020-03-03 | Dividend | $0.08 | +14.29% |
| 2019-12-05 | Dividend | $0.07 | +16.67% |
| 2019-09-03 | Dividend | $0.06 | -- |
| 2019-05-28 | Dividend | $0.06 | -- |
| 2019-03-05 | Dividend | $0.06 | +20.00% |
| 2018-11-27 | Dividend | $0.05 | -68.75% |
| 2018-10-02 | Dividend | $0.16 | +300.00% |
| 2018-08-28 | Dividend | $0.04 | -- |
| 2018-06-05 | Dividend | $0.04 | +33.33% |
| 2018-03-06 | Dividend | $0.03 | -- |
| 2017-12-05 | Dividend | $0.03 | -- |
| 2017-08-28 | Dividend | $0.03 | -- |
| 2017-06-05 | Dividend | $0.03 | -- |
| 2017-02-27 | Dividend | $0.03 | +50.00% |
| 2016-11-28 | Dividend | $0.02 | -- |
| 2016-08-29 | Dividend | $0.02 | -- |
| 2016-05-27 | Dividend | $0.02 | -- |
| 2016-03-07 | Dividend | $0.02 | -- |
| 2015-11-30 | Dividend | $0.02 | -- |
| 2015-09-10 | Dividend | $0.02 | +2,660.00% |
| 2015-05-19 | Split | 69-50-for-1 Stock Split | N/A |
| 2012-03-29 | Dividend | $0.05 | -- |
| 2011-12-28 | Dividend | $0.05 | -- |
| 2011-09-29 | Dividend | $0.05 | -- |
| 2011-06-29 | Dividend | $0.05 | -- |
| 2011-03-30 | Dividend | $0.05 | -- |
| 2010-12-30 | Dividend | $0.05 | -- |
| 2010-09-29 | Dividend | $0.05 | -- |
| 2010-06-30 | Dividend | $0.05 | -- |
| 2010-03-30 | Dividend | $0.05 | -- |
| 2009-12-30 | Dividend | $0.05 | -- |
| 2009-09-30 | Dividend | $0.05 | -- |
| 2009-06-30 | Dividend | $0.05 | -- |
| 2009-04-01 | Dividend | $0.05 | -- |
| 2008-12-30 | Dividend | $0.05 | -- |
| 2008-10-01 | Dividend | $0.05 | -- |
| 2008-07-01 | Dividend | $0.05 | -- |
| 2008-04-02 | Dividend | $0.05 | -- |
| 2008-01-02 | Dividend | $0.05 | -- |
| 2007-10-03 | Dividend | $0.05 | -- |
| 2007-07-03 | Dividend | $0.05 | -- |
| 2007-04-03 | Dividend | $0.05 | -- |
| 2007-01-03 | Dividend | $0.05 | -- |
| 2006-10-04 | Dividend | $0.05 | -- |
| 2006-07-05 | Dividend | $0.05 | -- |
| 2006-04-05 | Dividend | $0.05 | -- |
| 2006-01-04 | Dividend | $0.05 | -- |
| 2005-10-05 | Dividend | $0.05 | +25.00% |
| 2005-07-14 | Dividend | $0.04 | -- |
KRNY Dividends vs. Peers
KRNY's dividend yield currently ranks #88 of 111 vs. its peers in the Northeast Regional Banks category.
Looking for More Information on KRNY dividends?
Want to see what other sources are saying about Kearny Financial Corp's dividends? Try the links below:Kearny Financial Corp Common Stock (KRNY) Dividend History | Nasdaq
Dividend History for Kearny Financial Corp (KRNY) - Dividend Investor
Kearny Financial Corp (KRNY) Dividend History - Seeking Alpha