Meta Financial Group Inc

NASDAQ CASH

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Meta Financial Group Inc Cash Dividend Coverage Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 71.96%

Meta Financial Group Inc Cash Dividend Coverage Ratio 5 year CAGR is 71.96% for the Trailing 12 Months (TTM) ending March 31, 2024, a 6,320.77% change year over year. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Meta Financial Group Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 29.20, a -63.10% change year over year.
Meta Financial Group Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 79.12, a -11.51% change year over year.
Meta Financial Group Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 89.41, a 101.04% change year over year.
Meta Financial Group Inc Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 44.47, a 339.14% change year over year.

NASDAQ: CASH

Meta Financial Group Inc

CEO	Mr. Brett L. Pharr
IPO Date	Sept. 21, 1993
Location	United States
Headquarters	5501 South Broadband Lane, Sioux Falls, SD, United States, 57108
Employees	1,204
Sector	Financial Services
Industry	Banks - regional

Description

Pathward Financial, Inc. operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts. The company also provides commercial finance product comprising term lending, asset-based lending, factoring, lease financing, insurance premium finance, government guaranteed lending, and other commercial finance products; consumer credit products; other consumer financing services; tax services, which includes short-term refund advance loans and short-term electronic return originator advance loans; and warehouse financing services. In addition, it issues prepaid cards; and offers payment solutions, such as acceptance, processing, and settlement of credit card and debit card payments. The company was formerly known as Meta Financial Group, Inc. and changed its name to Pathward Financial, Inc. in July 2022. Pathward Financial, Inc. was founded in 1954 and is based in Sioux Falls, South Dakota.

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