The dividend is set for distribution on August 21 to shareholders of record as of the close of business on August 7. Alongside the payout announcement, the firm provided an update on its capital management strategy, confirming the repurchase of 1,985,308 shares of common stock between April 1 and July 23. These shares were acquired at an average price of $7.78 each.
In section Releases
Capitol Federal Financial Announces Dividend and Share Buyback Progress
The Topeka-based holding company Capitol Federal Financial, Inc. has declared a quarterly cash dividend of $0.085 per share, signaling continued capital return to investors ahead of its upcoming quarterly earnings report scheduled for release on July 29.
Following these transactions, the total number of common shares outstanding for the company stands at 125,708,883. The financial results for the quarter ended June 30 will offer further insight into the bank's performance and capital position when they are disclosed tomorrow.
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