Capitol Federal Financial, Inc. shares rise 1.85% intraday as major US banks announce dividend hikes and buybacks after passing Federal Reserve's stress test.

Capitol Federal Financial, Inc. rose 1.85% intraday, with major US banks announcing increases in shareholder distributions after passing the Federal Reserve's annual stress test. This news event is positive for the stock as it indicates that banks have enough capital to buffer against economic volatility and shocks, potentially leading to higher dividends and stock buybacks.