StockWatch
·
Savings Institutions
DividendJul 28, 2026, 05:32 PM

Kentucky First Federal Bancorp Declares $0.05 Cash Dividend

AI Summary

Kentucky First Federal Bancorp announced a cash dividend of $0.05 per share, payable on September 21, 2026, to shareholders of record as of August 31, 2026. Additionally, First Federal MHC, which owns 58.5% of the company's common stock, voted to waive its right to receive quarterly dividends aggregating up to $0.40 per share over the next 12 months. This marks a continuation of similar waivers by First Federal MHC since 2012.

Key Highlights

  • Kentucky First Federal Bancorp declared a cash dividend of $0.05 per share.
  • Dividend is payable on September 21, 2026.
  • Shareholders of record on August 31, 2026, will receive the dividend.
  • First Federal MHC waived its right to receive dividends up to $0.40 per share for 12 months.
  • First Federal MHC holds 58.5% of the company's outstanding shares.
  • Similar waivers by First Federal MHC occurred from 2012 through 2023.