Kearny Financial (KRNY) Declares $0.02 Quarterly Dividend; 0.6% Yield

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Go back to Kearny Financial (KRNY) Declares $0.02 Quarterly Dividend; 0.6% Yield

Kearny Financial Corp. Announces Authorization for Stock Repurchase Plan and Declares Quarterly Cash Dividend

May 20, 2016 4:30 PM EDT

FAIRFIELD, NJ -- (Marketwired) -- 05/20/16 -- Kearny Financial Corp. (NASDAQ: KRNY) (the "Company") announced that at a meeting held on May 18, 2016, the Board of Directors authorized a stock repurchase plan to acquire up to 9,352,809 shares or 10% of the Company's currently outstanding common stock.

Such repurchases will be made from time to time in the open market, through block trades, in privately negotiated stock purchases or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. Such repurchases will be based on stock... More