Nov 1 - The board of Capitol Federal Financial Inc. in Topeka, Kan., (Nasdaq: CFFN) has declared a special year-end cash dividend of 18 cents per share on outstanding CFFN common stock.
The special year-end cash dividend is the result of the board of directors' commitment to distribute to stockholders 100 percent of the annual earnings of the company for fiscal years 2012 and 2011, the first two years after the second-step stock conversion was completed in December 2010. The 18 cents per share special year-end dividend was determined by taking the difference between total earnings for fiscal year 2012 and total regular quarterly dividends paid during fiscal year 2012, divided by the number of shares outstanding as of Oct. 30, 2012. The dividend is payable on Dec. 7, 2012, to stockholders of record as of the close of business on Nov. 23, 2012.
Capitol Federal Financial Inc. is the holding company for Capitol Federal Savings Bank, which operates 46 branch offices in Kansas and Missouri. News and other information about the company can be found on the bank's website, www.capfed.com.