Meta Financial Group, Inc.® Declares Cash Dividend

Rhea-AI Summary

Meta Financial Group, Inc. (CASH) has declared a cash dividend of $0.05 per share for the third fiscal quarter of 2022. This dividend will be paid on July 1, 2022, to shareholders on record as of June 9, 2022. As of March 31, 2022, the company reported total assets of $6.89 billion and shareholders' equity of $763.4 million. Notably, the company is in the process of rebranding, changing its name to Pathward Financial, Inc. by the end of the year.

Positive

• Declaring a cash dividend of $0.05 per share demonstrates shareholder returns.
• Total assets reported at $6.89 billion indicate strong financial standing.
• Shareholders' equity of $763.4 million reflects a solid capital base.

Negative

• None.

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- Meta Financial Group, Inc.^® (Nasdaq: CASH) (the “Company”) announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2022. This dividend will be payable on July 1, 2022 to shareholders of record as of June 9, 2022.

At March 31, 2022, the Company had total assets of $6.89 billion and shareholders’ equity of $763.4 million.

This press release and other important information about the Company are available at MetaFinancialGroup.com.

About Meta Financial Group, Inc.^®

Meta Financial Group, Inc.^® (Nasdaq: CASH) is a U.S.-based financial holding company driven by its purpose to power financial inclusion for all™. Through our subsidiary, MetaBank®, N.A., we strive to increase financial availability, choice, and opportunity across strategic service lines including Payments, Commercial Finance, and Consumer Solutions, which is comprised of tax services and consumer lending. These solutions are seamlessly integrated to provide end-to-end support to the individuals and businesses who are powering the everyone economy. On March 29, 2022, MetaBank announced it is changing its name to Pathward™, N.A., and Meta Financial Group, Inc. is changing its name to Pathward Financial, Inc.™. Meta Financial Group, Inc. will make certain changes immediately and fully transition to Pathward Financial, Inc.™ by the end of this calendar year. Learn more at MetaFinancialGroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220518005161/en/

Investor Relations Contact

Justin Schempp

877-497-7497

jschempp@metabank.com



Media Relations Contact

mediarelations@metabank.com

Source: Meta Financial Group, Inc.

FAQ

What is the dividend amount declared by Meta Financial Group (CASH)?

Meta Financial Group has declared a dividend of $0.05 per share.

When will the dividend for Meta Financial Group (CASH) be paid?

The dividend will be payable on July 1, 2022.

What is the record date for the dividend payment by Meta Financial Group (CASH)?

The record date for the dividend payment is June 9, 2022.

What are the total assets and equity of Meta Financial Group (CASH)?

As of March 31, 2022, Meta Financial Group reported total assets of $6.89 billion and shareholders' equity of $763.4 million.

What is the significance of the name change for Meta Financial Group (CASH)?

The company is transitioning to Pathward Financial, Inc. to reflect its focus on financial inclusion.