Charter Financial Declares Regular Quarterly Cash Dividend
May 27 2008 - 1:41PM
PR Newswire (US)
WEST POINT, Ga., May 27 /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 June 27,
2008, to stockholders of record on June 13, 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 3.3 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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