Today’s Dividend Flows: Nov 18, 2016 is the day that Astoria Financial Corporation (NYSE:AF) shareholders will see dividends of $0.04?

Today's Dividend Flows: Nov 18, 2016 is the day that Astoria Financial Corporation (NYSE:AF) shareholders will see dividends of $0.04?

Astoria Financial Corporation (NYSE:AF) is expected to pay $0.04 on Nov 18, 2016. The indicated annual dividend is $0.16. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Astoria Financial Corporation’s current price of $14.45, the dividend is 0.28%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 27, 2016. The stock decreased 1.23% or $0.18 during the last trading session, hitting $14.45. Astoria Financial Corp (NYSE:AF) has declined 8.78% since March 31, 2016 and is downtrending. It has underperformed by 11.30% the S&P500.

Astoria Financial Corporation is the unitary savings and loan holding firm of Astoria Bank and its subsidiaries. The company has a market cap of $1.49 billion. The Company’s principal business is the operation of its subsidiary, Astoria Bank, which is a local, community-oriented bank. It has a 22.58 P/E ratio. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one- to four- family, or residential, mortgage loans, and mortgage-backed securities.

Insitutional Activity: The institutional sentiment decreased to 1.07 in Q2 2016. Its down 0.41, from 1.48 in 2016Q1. The ratio worsened, as 17 funds sold all Astoria Financial Corp shares owned while 40 reduced positions. 8 funds bought stakes while 53 increased positions. They now own 68.10 million shares or 2.51% less from 69.85 million shares in 2016Q1.
Vanguard Group Inc Inc accumulated 7.26M shares or 0.01% of the stock. Paloma Mngmt last reported 0% of its portfolio in the stock. Suntrust Banks holds 0% or 14,651 shares in its portfolio. Us Bank & Trust De, a Minnesota-based fund reported 9,411 shares. Moreover, Polaris Ltd Liability Co has 1.47% invested in Astoria Financial Corp (NYSE:AF) for 1.11M shares. Magnetar Ltd Co accumulated 1.17M shares or 0.34% of the stock. The Massachusetts-based Rhumbline Advisers has invested 0.01% in Astoria Financial Corp (NYSE:AF). California State Teachers Retirement accumulated 193,106 shares or 0.01% of the stock. United Automobile Association, a Texas-based fund reported 34,390 shares. Arizona State Retirement Sys holds 0.01% or 47,408 shares in its portfolio. Alliancebernstein L P, a New York-based fund reported 143,399 shares. Peoples Serv Corporation last reported 0% of its portfolio in the stock. Panagora Asset Management Inc has invested 0% of its portfolio in Astoria Financial Corp (NYSE:AF). Amalgamated Savings Bank owns 10,953 shares or 0.01% of their US portfolio. Moreover, Connable Office has 0.05% invested in Astoria Financial Corp (NYSE:AF) for 11,718 shares.

Insider Transactions: Since August 10, 2016, the stock had 0 buys, and 1 insider sale for $119,779 net activity. $119,779 worth of Astoria Financial Corp (NYSE:AF) was sold by Edwards Brian T on Wednesday, August 10.

Astoria Financial Corp (NYSE:AF) Ratings Coverage

Out of 8 analysts covering Astoria Financial (NYSE:AF), 1 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 13% are positive. $17.50 is the highest target while $15 is the lowest. The $16.33 average target is 13.01% above today’s ($14.45) stock price. Astoria Financial has been the topic of 13 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Piper Jaffray downgraded Astoria Financial Corp (NYSE:AF) on Monday, October 26 to “Neutral” rating. Sandler O’Neill downgraded the shares of AF in a report on Friday, October 2 to “Hold” rating. As per Monday, November 2, the company rating was upgraded by Sandler O’Neill. Piper Jaffray maintained the stock with “Overweight” rating in Friday, August 14 report. The firm earned “Market Perform” rating on Friday, October 30 by Keefe Bruyette & Woods. FBR Capital downgraded the stock to “Underperform” rating in Friday, October 30 report. Wood maintained the stock with “Market Perform” rating in Tuesday, August 9 report. Guggenheim downgraded the stock to “Neutral” rating in Monday, September 28 report. Piper Jaffray downgraded the shares of AF in a report on Thursday, July 23 to “Neutral” rating.

More notable recent Astoria Financial Corp (NYSE:AF) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Astoria Financial, MetLife and Ameriprise Financial” on November 01, 2016, also Prnewswire.com with their article: “Astoria Financial Corporation Reports 2016 Second Quarter Earnings Per Common …” published on July 27, 2016, Fool.com published: “Astoria Financial Corp. Merger Deal Not All Good For New York Community …” on November 17, 2015. More interesting news about Astoria Financial Corp (NYSE:AF) were released by: Bloomberg.com and their article: “New York Community Bancorp to Buy Astoria in $2 Billion Deal” published on October 29, 2015 as well as Moodys.com‘s news article titled: “Moody’s continues review for upgrade of Astoria Financial Corporation (senior …” with publication date: June 17, 2016.

AF Company Profile

Astoria Financial Corporation, incorporated on June 14, 1993, is the unitary savings and loan holding firm of Astoria Bank and its subsidiaries. The Company’s principal business is the operation of its subsidiary, Astoria Bank, which is a local, community-oriented bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one- to four- family, or residential, mortgage loans, and mortgage-backed securities. Astoria Bank also invests in consumer and other loans, the United States Government, government agency and government-sponsored enterprise (GSE), securities and other investments.

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