DividendMay 29, 2026, 04:08 PM
Kentucky First Federal Bancorp Board to Consider Resuming Quarterly Dividend
AI Summary
Kentucky First Federal Bancorp announced its Board of Directors will hold a special meeting on July 28, 2026, to consider declaring a quarterly dividend of up to $0.10 per share. The company had previously suspended dividend payments in January 2024, with the last dividend paid in November 2023. This consideration follows a meeting of First Federal MHC members on the same day to vote on waiving their right to receive dividends, a practice they have approved historically.
Key Highlights
- Kentucky First Federal Bancorp Board to hold a special meeting on July 28, 2026.
- Board to consider declaring a quarterly dividend of up to $0.10 per share.
- Company previously suspended dividend payments in January 2024.
- Last dividend paid by the company was in November 2023.
- First Federal MHC members to vote on July 28, 2026, to waive dividend rights.
- First Federal MHC holds 58.5% of the Company's outstanding common stock.
- Any dividend declaration is subject to non-objection from the Federal Reserve Bank of Cleveland.
Price Impact
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