Capitol Federal Financial declares True Blue Capitol dividend.
Global Banking News-May 30, 2016--Capitol Federal Financial declares True Blue Capitol dividend
(C)2016 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 30 May 2016
Capitol Federal Financial, Inc (NASDAQ-NMS: CFFN) has said that its board of directors has declared a True Blue Capitol cash dividend of USD0.25 per share on its common stock.
The dividend will be payable on June 24, 2016 to stockholders of record as on June 10, 2016. The dividend will total approximately USD33.3m.
The board of directors of Capitol Federal Savings Bank has also said that it has approved a capital distribution of USD36.0m to CFFN, which will be paid prior to June 24, 2016. This additional capital distribution will allow CFFN to pay the True Blue Capital dividend of USD0.25 per share.
Capitol Federal Financial, Inc. is the holding company of Capitol Federal Savings Bank.
[Editorial queries for this story should be sent to email@example.com]
((Distributed via M2 Communications - http://www.m2.com))