Roma Financial Corporation Declares Dividend
December 22 2011 - 3:00PM
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 twentieth consecutive quarterly
cash dividend. A dividend of $.08 per share will be paid on or
about January 18, 2012 to stockholders of record on January 4,
2012.
"Our Board of Directors is pleased to declare a 20th consecutive
quarterly dividend payment to the Company's minority stockholders,"
commented Peter A. Inverso, President and CEO. "Roma Financial
Corporation's earnings and capital provide the foundation to
sustain a return of value to our shareholders at the current
quarterly dividend level. Based on the closing price of the
Company's stock on December 20th the declared quarterly dividend
represents an annual yield of 3.20%," he noted.
"It remains the current intention of the Board to continue to
pay a dividend quarterly. However, the payment and 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. We continue to
remain very concerned about the onerous conditions which have been
proposed by the Federal Reserve Board regarding the future
waiver of dividends by mutual holding companies," 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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