FedFirst Financial Corporation Announces Increase to Quarterly Cash Dividend
24 Mai 2012 - 5:15PM
Business Wire
FedFirst Financial Corporation (Nasdaq: FFCO) today announced
that its Board of Directors has approved an increase in the
quarterly cash dividend to $0.04 per outstanding share of common
stock, up from $0.03 per share. The dividend will be paid on or
about June 29, 2012 to stockholders of record as of the close of
business on June 15, 2012.
Patrick G. O’Brien, President and Chief Executive Officer,
stated, "We are pleased that our current level of earnings supports
an increase in the dividend, while still maintaining a conservative
payout ratio that allows us to generate capital to support
continued balance sheet growth and other capital management
strategies, like share repurchases.”
FedFirst Financial Corporation is the parent company of First
Federal Savings Bank, a community-oriented financial institution
operating eight full-service branch locations in southwestern
Pennsylvania. First Federal offers a broad array of retail and
commercial lending and deposit services and provides commercial and
personal insurance services through Exchange Underwriters, Inc.,
its 80% owned subsidiary.
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