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Capitol Federal declares special year-end dividend

TOPEKA, Kan. (AP) _ Capitol Federal Financial said Wednesday its board of directors declared a special year-end dividend of 11 cents per share.

Category Product: 
Savings
Category Finance: 
Personal Finance
Introduction: 
<p>TOPEKA, Kan. (AP) _ Capitol Federal Financial said Wednesday its board of directors declared a special year-end dividend of 11 cents per share.</p>

The special dividend will be paid Dec. 5 to shareholders of record on Nov. 21.

 

The dividend is part of Capitol Federal's plan it initially announced in January 2005 to distribute 25 percent of annual net income in excess of regular quarterly dividends to shareholders.

 

The bank pays a regular quarterly dividend of 50 cents per share.

 

Capitol Federal operates Capitol Federal Savings Bank, a regional bank with 40 branches in Kansas and total assets of 8.06 billion.

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