Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
20 October 2017 - 6:47AM
Kentucky First Federal Bancorp (Nasdaq:KFFB) the holding company
for First Federal Savings and Loan Association of Hazard, Kentucky
and First Federal Savings Bank of Kentucky, Frankfort, Kentucky,
announced that the Company’s Board of Directors declared a cash
dividend of $0.10 per share payable on November 20, 2017, to
shareholders of record on October 31, 2017. Tony Whitaker,
Chairman of the Company, stated that the Board of Directors
determined that the payment of the dividend was appropriate in
light of the Company’s capital position and financial condition.
This press release may contain statements that
are forward-looking, as that term is defined by the Private
Securities Litigation Act of 1995 or the Securities and Exchange
Commission in its rules, regulations and releases. The Company
intends that such forward-looking statements be subject to the safe
harbors created thereby. All forward-looking statements are based
on current expectations regarding important risk factors including,
but not limited to, real estate values, the impact of interest
rates on financing, changes in general economic conditions,
legislative and regulatory changes that adversely affect the
business of the Company and the ability of First Federal MHC to
waive dividends and changes in the securities markets. Accordingly,
actual results may differ from those expressed in the
forward-looking statements, and the making of such statements
should not be regarded as a representation by the Company or any
other person that results expressed therein will be achieved.
Kentucky First Federal Bancorp is the parent
company of First Federal Savings and Loan Association, which
operates one banking office in Hazard, Kentucky and First Federal
Savings Bank of Kentucky, which operates six banking offices in
Kentucky, including three in Frankfort, two in Danville, and one in
Lancaster. Kentucky First Federal Bancorp shares are traded on the
NASDAQ National Market under the symbol KFFB. At September 30,
2017, the Company had approximately 8,439,515 shares outstanding of
which approximately 56.0% was held by First Federal MHC.
Contact:
Kentucky First Federal BancorpDon Jennings, President
Clay Hulette, Vice President
(502) 223-1638
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