Capitol Federal Finl's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Capitol Federal Financial, Inc. -1.35% Post

Capitol Federal Financial, Inc.





0.00% Post

Wednesday marks the last chance for investors to receive the next dividend payout from Capitol Federal Finl (NASDAQ:CFFN).

What's Happening

The company announced on Tuesday that it would pay shareholders a quarterly dividend of 8.5 cents per share. On Thursday, Capitol Federal Finl will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 8.5 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own CFFN as of the end of Wednesday's session are eligible to receive the 8.5 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on November 17, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Track real-time stock fluctuations for Capitol Federal Finl on Benzinga.

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