Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
April 19 2016 - 02:55PM
Kentucky First Federal Bancorp (Nasdaq:KFFB) the holding company
for First Federal Savings and Loan Association of Hazard, Kentucky
and First Federal Savings Bank of Kentucky, Frankfort, Kentucky,
announced that the Company’s Board of Directors declared a cash
dividend of $0.10 per share payable on May 16, 2016, to
shareholders of record on April 29, 2016. Tony Whitaker, Chairman
of the Company, stated that the Board of Directors determined that
the payment of the dividend was appropriate in light of the
Company’s capital position and financial condition.
This press release may contain statements that are
forward-looking, as that term is defined by the Private Securities
Litigation Act of 1995 or the Securities and Exchange Commission in
its rules, regulations and releases. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby. All forward-looking statements are based on current
expectations regarding important risk factors including, but not
limited to, real estate values, the impact of interest rates on
financing, changes in general economic conditions, legislative and
regulatory changes that adversely affect the business of the
Company and the ability of First Federal MHC to waive dividends and
changes in the securities markets. Accordingly, actual results may
differ from those expressed in the forward-looking statements, and
the making of such statements should not be regarded as a
representation by the Company or any other person that results
expressed therein will be achieved.
Kentucky First Federal Bancorp is the parent
company of First Federal Savings and Loan Association, which
operates one banking office in Hazard, Kentucky and First Federal
Savings Bank of Kentucky, which operates six banking offices in
Kentucky, including three in Frankfort, two in Danville, and one in
Lancaster. Kentucky First Federal Bancorp shares are traded on the
NASDAQ National Market under the symbol KFFB. At March 31, 2016,
the Company had approximately 8,439,515 shares outstanding of which
approximately 56.02% was held by First Federal MHC.
Contact:
Kentucky First Federal Bancorp
Don Jennings, President
Clay Hulette, Vice President
(502) 223-1638
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