Charter Financial Declares Regular Quarterly Cash Dividend
February 26 2008 - 12:42PM
PR Newswire (US)
WEST POINT, Ga., Feb. 26 /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 March 28, 2008, to stockholders of record on March 14,
2008. 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 83 percent of its
outstanding shares. 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. 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 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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