Printer Friendly

Capitol Federal Financial Announces Special Year End Dividend.

TOPEKA, Kan., Nov. 9 /PRNewswire-FirstCall/ -- Capitol Federal Financial announced today that its Board of Directors has declared a special year end cash dividend of $0.30 per share on outstanding CFFN common stock. This special year end dividend is the result of the Board's commitment initially announced in January 2005 to distribute to stockholders 25% of the annual net income of the Company in excess of the total amount of dividends paid in the four regular quarterly dividends during the just completed fiscal year.

Based upon shares outstanding on November 8, 2005, the following is the calculation determining the amount of the dividend for fiscal year 2005.
 CFFN Net Income $65,058,527
 Regular Quarterly Dividends Paid in Fiscal
 Year 2005 40,721,827
 Amount Available for Year End Dividend 24,336,700

 25% of Amount Available $6,084,175

 Shares Eligible to Receive Dividends 20,483,464
 Per Share Amount $0.297





The dividend is payable on December 2, 2005 to stockholders of record as of the close of business on November 18, 2005.

Capitol Federal Financial is the holding company for Capitol Federal Savings Bank which operates 37 branch offices in Kansas.

News and other information about the Company can be found on the Internet at the Bank's website, http://www.capfed.com/ .

Except for the historical information contained in this press release, the matters discussed may be deemed to be forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, including changes in economic conditions in the Company's market area, changes in policies by regulatory agencies, fluctuations in interest rates, demand for loans in the Company's market area, competition, and other risks detailed from time to time in the Company's SEC reports. Actual strategies and results in future periods may differ materially from those currently expected. These forward-looking statements represent the Company's judgment as of the date of the release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.

CONTACT: Jim Wempe, Vice President, Investor Relations, of Capitol Federal Financial, +1-785-270-6055, jwempe@capfed.com

Web site: http://www.capfed.com/
COPYRIGHT 2005 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 9, 2005
Words:356
Previous Article:T. Rowe Price Expands Retirement Plan Advice Platform With Managed Accounts and Personalized Statements From Financial Engines.
Next Article:Uroplasty, Inc. Announces Appointment of Mahedi A. Jiwani as Vice President, Chief Financial Officer and Treasurer.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters