Provident Financial Holdings Announces Quarterly Cash Dividend
Rhea-AI Summary
Provident Financial Holdings, Inc. (NASDAQ GS: PROV) announced a quarterly cash dividend of $0.14 per share, with shareholders entitled to receive the dividend if they own stock by the close of business on May 18, 2021. The dividend will be paid on June 8, 2021. This decision reflects the company’s commitment to returning value to its shareholders amidst a stable operating environment.
Positive
- Quarterly cash dividend of $0.14 per share enhances shareholder value.
- Dividend payment date set for June 8, 2021, assures investor confidence.
Negative
- None.
News Market Reaction – PROV
In the trading session that priced this news, PROV gained 1.20%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RIVERSIDE, Calif., April 27, 2021 (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
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, 2020.
Contacts:
Craig G. Blunden
Chairman and
Chief Executive Officer
Donavon P. Ternes
President, Chief Operating Officer
and Chief Financial Officer
(951) 686-6060