First Financial Bancorp (FFBC) Declares $0.27 Semi-Variable Quarterly Dividend; 7% Yield

August 23, 2011 4:17 PM EDT
First Financial Bancorp (NASDAQ: FFBC) declared a quarterly dividend of $0.27 per share, or $1.08 annualized. The upcoming dividend will consist of: 1) a regular quarterly dividend of $0.12 per share; and 2) a variable dividend of $0.15 per share based on the remainder of the second quarter 2011 diluted earnings per share of $0.27.

The dividend will be payable on October 3, 2011, to stockholders of record on September 2, 2011, with an ex-dividend date of August 31, 2011.

The annual yield on the dividend is 7 percent.


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