Charter Financial Declares Regular Quarterly Cash Dividend
August 28 2007 - 2:19PM
PR Newswire (US)
WEST POINT, Ga., Aug. 28 /PRNewswire-FirstCall/ -- Charter
Financial Corporation (OTC:CHFN) (BULLETIN BOARD: CHFN) today
announced that its board of directors has declared a regular
quarterly cash dividend of 50 cents per share. The dividend is
payable on September 27, 2007, to stockholders of record on
September 14, 2007. This equates to an annualized dividend rate of
$2.00 per share. About Charter Financial Charter Financial is the
majority-owned subsidiary of First Charter, MHC, a federal mutual
holding company, which owns approximately 82 percent of its
outstanding shares. First Charter, MHC, has filed a regulatory
notice of its intent to waive dividends paid on the shares it owns.
Charter Financial Corporation is a savings and loan holding company
and the parent of CharterBank, a full-service community bank and a
federal savings institution. CharterBank is headquartered in West
Point, Georgia, and operates ten branches on the I-85 corridor from
LaGrange, Georgia, to Auburn, Alabama. The Company also operates
two loan production offices in Georgia. Charter Financial
Corporation owns 3.4 million shares of Freddie Mac common stock
with a market value of $206.5 million at June 30, 2007.
CharterBank's deposits are insured by the Federal Deposit Insurance
Corporation. Additional information, including financial
highlights, is available on the company's website,
http://www.charterbank.net/. Persons interested in receiving e-mail
notifications of news about the company may do so by completing the
registration form on the investor relations page of the company's
website. DATASOURCE: Charter Financial Corporation CONTACT: Robert
L. Johnson, President & CEO, , or Curtis R. Kollar, Chief
Financial Officer, , both of Charter Financial Corporation,
+1-706-645-1391; or Investors, Woody Wallace of The Investor
Relations Company, +1-312-245-2700, , for Charter Financial
Corporation Web site: http://www.charterbank.net/
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