Perpetual Federal Savings Bank (“PFOH”) announced a quarterly dividend of 20 cents per share for the period ending Dec. 31, 2015. This dividend represents a 5.3 percent increase over the same period in 2014.
The dividend will be payable Dec. 21, 2015, to shareholders of record at the close of business Dec. 7, 2015.
The bank has in excess of $355 million in assets and over $64 million in shareholders’ equity (18 percent) as of the dividend declaration and remains well capitalized under federal banking guidelines.
Submitted by Perpetual Federal Savings Bank.