Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
July 09 2014 - 2:46PM
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 Frankfort, Kentucky announced
that the Company's Board of Directors declared a cash dividend of
$0.10 per share payable on August 18, 2014, to shareholders of
record on July 31, 2014. 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, 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 June 30, 2014, the Company had
approximately 8,524,178 shares outstanding of which approximately
55.5% was held by First Federal MHC.
CONTACT: Kentucky First Federal Bancorp
Don Jennings, President
Clay Hulette, Vice President
(502) 223-1638
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