Provident Financial Holdings Announces Quarterly Cash Dividend

Rhea-AI Summary

Provident Financial Holdings (NASDAQ: PROV) has announced a quarterly cash dividend of $0.14 per share. The dividend will be distributed to shareholders who own the company's common stock at the close of business on February 13, 2025. Payment is scheduled for March 6, 2025. The announcement comes from the holding company of Provident Savings Bank, F.S.B.

Positive

• Maintains consistent shareholder returns through quarterly dividend payments
• $0.14 per share dividend demonstrates stable cash flow distribution to investors

Negative

• None.

News Market Reaction – PROV

+0.45%

1 alert

+0.45% News Effect

On the day this news was published, PROV gained 0.45%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

RIVERSIDE, Calif., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Company’s common stock at the close of business on February 13, 2025 will be entitled to receive the cash dividend. The cash dividend will be payable on March 6, 2025.

Safe-Harbor Statement

Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market, potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2024.

Contacts:

Donavon P. Ternes
President and
Chief Executive Officer

TamHao B. Nguyen
Senior Vice President and
Chief Financial Officer

(951) 686-6060

FAQ

What is the dividend amount for Provident Financial Holdings (PROV) in Q1 2025?

Provident Financial Holdings (PROV) declared a quarterly cash dividend of $0.14 per share for Q1 2025.

When is the ex-dividend date for PROV's Q1 2025 dividend?

Shareholders must own PROV stock by the close of business on February 13, 2025, to receive the dividend.

What is the payment date for Provident Financial's Q1 2025 dividend?

The cash dividend will be paid on March 6, 2025.

How often does Provident Financial Holdings (PROV) pay dividends?

Provident Financial Holdings pays dividends on a quarterly basis to its shareholders.