dividend
confidence high
sentiment positive
materiality 0.65
Pathward declares $0.05 dividend, authorizes new 7M-share buyback through 2028
PATHWARD FINANCIAL, INC.
- Cash dividend of $0.05/share for Q4 FY2023, payable Oct 2, 2023 to holders of record as of Sep 12, 2023.
- Board authorized a new share repurchase program for up to 7,000,000 shares of common stock through September 30, 2028.
- Under the prior program (6M shares authorized, expiring Sep 30, 2024), 4,333,564 shares have been repurchased; 1,666,436 remain.
- Repurchases may be made on open market or privately; program may be suspended or discontinued at any time at Company's discretion.