monday marks the last chance for investors to receive the next dividend payout from kearny financial krny the company announced on thursday that it would pay shareholders a quarterly dividend of 11 cents per share on tuesday kearny financial will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 11 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case tuesday shareholders who own krny as of the end of mondays session are eligible to receive the 11 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on august 23 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way track realtime stock fluctuations for kearny financial on benzinga