Investors eagerly anticipate the dividend payout from Pathward Financial CASH on February 07, 2024. With a payout of $0.05 per share and an annualized dividend yield of 0.40%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 11, 2023.
Pathward Financial has a history of consistent dividend payouts, as shown by its recent dividend payouts. The company has been distributing a dividend of $0.05 per share on a quarterly basis, with four payments per year. The dividend yield, which is the annualized dividend divided by the stock price, stands at 0.40%.
When comparing Pathward Financial’s dividend yield to its industry peers, it falls behind Northwest Bancshares NWBI, which boasts a higher annualized dividend yield of 6.82%. This difference in dividend yield may make Northwest Bancshares a more attractive option for income-seeking investors.
However, it’s important to note that dividend yield is not the only factor to consider when evaluating a company’s financial health. Pathward Financial’s consistent dividend payout and stable dividend per share of $0.20 from 2020 to 2023 indicate a reliable dividend policy that provides stability to shareholders.
Furthermore, investors can observe a growth in earnings for Pathward Financial from 2020 to 2023, as earnings per share increased from $2.41 to $6.11. This upward trajectory in earnings suggests potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
In summary, the recent dividend payout from Pathward Financial provides a modest reward for shareholders. While the company falls behind its industry peers in terms of dividend yield, its consistent dividend payout and earnings growth indicate a strong financial standing. Monitoring the company’s performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
To find details on Pathward Financial’s previous dividends, you can visit [this link](https://www.benzinga.com/stock//dividends). Additionally, if you’re interested in tracking companies that distribute dividends, you can visit [our Dividends Calendar](https://www.benzinga.com/calendars/dividends).
Please note that this article was generated by Benzinga’s automated content engine and reviewed by an editor.
