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Kearny Financial (KRNY) will raise its quarterly dividend by 33.3 percent to $0.04 per share in the second quarter of 2018. This marks the second consecutive year of higher dividends. The new dividend yield for KRNY is 1.1%.

Kearny Financial Corp. is the parent company of Kearny Bank. Kearny Bank operates from its administrative headquarters in Fairfield, New Jersey, and its retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York.