Perpetual Federal Savings Bank (OTC Pink: “PFOH”) announced that it will pay a quarterly dividend of $.25 per share for the period ending March 31, 2020. This represents an increase of 4.2% over the dividend paid for the same period in 2019.
The dividend will be payable March 20, 2020 to shareholders of record at the close of business March 6, 2020.
The bank has in excess of $394 million in assets and in excess of $77 million in shareholders’ equity (19.5%) 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.
Submitted by Perpetual Federal Savings Bank.