UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 25, 2024
PROVIDENT FINANCIAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)

Delaware
000-28304
33-0704889
(State or other jurisdiction of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

   
3756 Central Avenue, Riverside, California
92506
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code:  (951) 686-6060
Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)
☐
Pre-commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))
☐
Pre-commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
    
Trading Symbol(s)
    
Name of each exchange on which registered
Common Stock, par value $.01 per share
  
PROV
  
The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b‑2 of the Securities Exchange Act of 1934 (§240.12b‑2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 8.01  Other Events
On January 25, 2024, Provident Financial Holdings, Inc. (the “Corporation”) announced that the Corporation’s Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Corporation’s common stock at the close of business on February 15, 2024 will be entitled to receive the cash dividend. The cash dividend will be payable on March 7, 2024.
The news release announcing the quarterly cash dividend is attached as Exhibit 99.1 and incorporated by reference herein.

Item 9.01  Financial Statements and Exhibits
                             (d)   Exhibits
   
99.1
   
104
Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
Date: January 26, 2024
   
PROVIDENT FINANCIAL HOLDINGS, INC.
     
     
   
/s/ Donavon P. Ternes
   
Donavon P. Ternes
   
President and Chief Executive Officer
   
(Principal Executive Officer)


Exhibit 99.1
   

3756 Central Avenue
NEWS RELEASE
Riverside, CA 92506
  
(951) 686-6060
  

PROVIDENT FINANCIAL HOLDINGS
ANNOUNCES QUARTERLY CASH DIVIDEND

Riverside, Calif. – January 25, 2024 – Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.14 per share.  Shareholders of the Company’s common stock at the close of business on February 15, 2024 will be entitled to receive the cash dividend.  The cash dividend will be payable on March 7, 2024.


Safe-Harbor Statement

Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market, potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2023.


     
Contact:
Donavon P. Ternes
Tam B. Nguyen
 
President and
Senior Vice President and
 
Chief Executive Officer
Chief Financial Officer


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Document and Entity Information
Jan. 25, 2024
Cover [Abstract]  
Document Type 8-K
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Document Period End Date Jan. 25, 2024
Entity File Number 000-28304
Entity Registrant Name PROVIDENT FINANCIAL HOLDINGS, INC.
Entity Central Index Key 0001010470
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 33-0704889
Entity Address, Address Line One 3756 Central Avenue
Entity Address, City or Town Riverside
Entity Address, State or Province CA
Entity Address, Postal Zip Code 92506
City Area Code 951
Local Phone Number 686-6060
Title of 12(b) Security Common Stock, par value $.01 per share
Trading Symbol PROV
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Written Communications false
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Pre-commencement Issuer Tender Offer false
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