Perpetual Federal Savings Bank [OTC Pink: “PFOH”] has announced a quarterly dividend of 22 cents per share for the period ending December 31, 2016. This dividend represents a 10 percent increase over the same period in 2015.
The dividend will be payable December 20, 2016 to shareholders of record at the close of business November 25, 2016.
For the calendar year 2016, the Bank will have distributed dividends of 84 cents per share to the benefit of its shareholders.
The Bank has in excess of $390 million in assets and in excess of $67 million in shareholders’ equity (17 percent) as of the dividend declaration and remains well capitalized under federal banking guidelines.
The Bank continues to receive a five-star rating by Bauer Financial, Inc., the nation’s leading independent bank rating firm.
Information from Perpetual.