Perpetual Federal Savings Bank (OTCBB: “PFOH”) has announced a quarterly dividend of 21 cents per share for the period ending September 30, 2016. This dividend represents a 5 percent increase over the same period in 2015.

Dividends for the 12-month period ending September 30, 2016 total 82 cents, a 6.5 percent increase over the prior 12-month period.

The dividend will be payable September 15, 2016 to shareholders of record at the close of business September 1, 2016.

The bank has in excess of $386 million in assets and $66.8 million in shareholders’ equity (17 percent) as of the dividend declaration and remains well capitalized under federal banking guidelines.