Roma Financial Corporation Declares Dividend
March 16 2011 - 4:30PM
Roma Financial Corporation (Nasdaq:ROMA) (the Company), the holding
company of Roma Bank, announced today that its Board of Directors
(the Board) declared the Company's seventeenth consecutive
quarterly cash dividend. A dividend of $.08 per share will be paid
on or about April 27, 2011 to stockholders of record on April 13,
2011.
"Our Board of Directors is pleased that the Company's earnings
and capital support the continuation of dividend payments to our
minority stockholders at the current level of quarterly dividends,"
commented Peter A. Inverso, President and CEO. "Our current federal
regulator, the Office of Thrift Supervision, has approved the
request of our mutual holding company parent to waive the payment
to it of any dividends declared and paid in 2011," he added.
"It remains the current intention of our Board to continue to
pay a dividend quarterly. However, the payment and the amount
of future dividends will be predicated on the Board's assessment of
the Company's financial condition, earnings and capital
requirements, and any regulatory actions," he concluded.
Roma Financial Corporation is the holding company of Roma Bank,
a community bank headquartered in Robbinsville, New Jersey, and
RomAsia Bank headquartered in South Brunswick, New
Jersey. Roma Bank has been serving families, businesses and
the communities of Central New Jersey for over 90 years with a
complete line of financial products and services. Roma Bank
has branch locations in Mercer, Burlington, Camden and Ocean
counties in New Jersey. Visit Roma online at www.romabank.com,
or RomAsia Bank at www.romasiabank.com. RomAsia Bank has two branch
locations in Middlesex County, New Jersey.
Forward Looking Statements
The foregoing material contains forward-looking statements
concerning the Company. We caution that such statements are
subject to a number of uncertainties and readers should not place
undue reliance on any forward-looking statements. The Company
does not undertake, and specifically disclaims, any obligation to
publicly release the results of any revisions that may be made to
any forward-looking statements to reflect the occurrence of
anticipated or unanticipated events or circumstances after the date
of such statements.
CONTACT: Peter A. Inverso
President & CEO
609 223-8310
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