UPDATE: Astoria Financial (AF) Cuts Qtr. Dividend 70% to 4c; Yields 1.8%

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(Updated - April 18, 2012 4:58 PM EDT)

Astoria Financial Corp. (NYSE: AF) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.

The dividend will be payable on June 1, 2012, to stockholders of record on May 15, 2012, with an ex-dividend date of May 11, 2012.

The annual yield on the dividend is 1.8 percent.

UPDATE: The dividend was a 70 percent cut from its prior rate of 13 cents per share.

For a dividend history and other dividend-related data on Astoria Financial Corp. (AF) click here.

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