WaFd Declares Quarterly Dividend on Series A Preferred

Washington Federal ( (WAFD) ) just unveiled an update.

On February 3, 2026, WaFd, Inc.’s board of directors declared a cash dividend of $12.1875 per share on its 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, equivalent to $0.30468750 per depositary share, which represents a 1/40th interest in a preferred share and trades on NASDAQ under the symbol WAFDP. The dividend is scheduled to be paid on April 15, 2026, to shareholders of record as of March 31, 2026, underscoring WaFd’s ongoing capital returns to holders of its preferred securities and providing defined income timing for those investors.

The most recent analyst rating on (WAFD) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Washington Federal stock, see the WAFD Stock Forecast page.

Spark’s Take on WAFD Stock

According to Spark, TipRanks’ AI Analyst, WAFD is a Neutral.

The score is held to a moderate level by mixed financial performance—strong margins and a stable balance sheet are offset by the steep revenue decline and weaker operating cash-flow conversion. Valuation is a clear positive (low P/E and solid dividend yield), while technicals are neutral-to-slightly positive. Earnings-call signals are balanced, with solid growth initiatives and capital returns tempered by worsening credit metrics and near-term margin pressure.

To see Spark’s full report on WAFD stock, click here.

More about Washington Federal

WaFd, Inc., operating under the WaFd brand, is a financial services company whose securities, including its Series A Preferred Stock depositary shares, trade on the NASDAQ, reflecting its role in the U.S. banking and financial sector.

Average Trading Volume: 684,915

Technical Sentiment Signal: Buy

Current Market Cap: $2.49B

For detailed information about WAFD stock, go to TipRanks’ Stock Analysis page.