FedFirst Financial Corporation Announces 33% Increase to Quarterly Cash Dividend
22 Mai 2014 - 4:00PM
FedFirst Financial Corporation (the "Company") (Nasdaq:FFCO) today
announced that its Board of Directors has approved a 33% increase
in the quarterly cash dividend from $0.06 to $0.08 per outstanding
share of common stock. The dividend will be paid on or about June
30, 2014 to stockholders of record as of the close of business on
June 16, 2014.
"Our Board of Directors is proud of the financial performance of
the Company and was unanimous in approving this 33% increase in
quarterly cash dividends," commented Patrick G. O'Brien, President
and Chief Executive Officer. "The Company delivered robust
performance in 2013 and with our strong capital position we are
able to provide a higher dividend. The dividend, when annualized,
represents approximately 44% of net income achieved for the last
twelve months."
FedFirst Financial Corporation is the parent company of First
Federal Savings Bank, a community-oriented financial institution
operating seven 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.
CONTACT: Patrick G. O'Brien
President and Chief Executive Officer
(724) 684-6800
Fedfirst Financial (NASDAQ:FFCO)
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