Form 8-K STEWARDSHIP FINANCIAL For: Oct 21

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported) October 21, 2015

 

 

 

Stewardship Financial Corporation

(Exact Name of Registrant as Specified in its Charter)

 

New Jersey	1-33377	22-3351447
(State or Other Jurisdiction of	(Commission	(IRS Employer
Incorporation)	File Number)	Identification No.)
630 Godwin Avenue, Midland Park,  NJ		07432
(Address of Principal Executive Offices)		(Zip Code)

 

Registrant’s telephone number, including area code (201) 444-7100

 

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

Item 8.01. Other Events

 

On October 21, 2015, Stewardship Financial Corporation issued a press release announcing a $0.02 per share cash dividend to common stockholders of record on November 2, 2015, payable November 16, 2015. A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits

 

(d)

The following exhibit is furnished pursuant to Item 8.01.

 

	Exhibit No.		Description
	Exhibit 99.1		Press Release dated October 21, 2015

 

 

 

Signatures

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

Date:  October 22, 2015	Stewardship Financial Corporation
	/s/ Claire M. Chadwick
	Claire M. Chadwick
	Senior Vice President and
	Chief Financial Officer

 

 

 

 

 

 

	Contact:	Mary Beth Steiginga
		630 Godwin Avenue
		Midland Park, NJ 07432
		201-444-7100

 

PRESS RELEASE

STEWARDSHIP FINANCIAL CORPORATION

DECLARES CASH DIVIDEND

 

Midland Park, NJ – October 21, 2015 – The Board of Directors of Stewardship Financial Corporation (NASDAQ: SSFN), parent company of Atlantic Stewardship Bank, has declared a $0.02 per share cash dividend. Common stockholders of record as of November 2, 2015 will be paid the dividend on November 16, 2015.

In announcing the dividend, Chairman Richard Culp stated, “We are pleased to continue to show our commitment to our shareholders by recognizing them with this dividend. This dividend represents the seventy second consecutive quarterly dividend since the Corporation began paying quarterly dividends in 1998.”

Paul Van Ostenbridge, President and Chief Executive Officer continued, “The Board of Directors recognizes our obligation to maintain a strong capital position while remaining committed to providing value to our shareholders and giving back to the community through the bank’s unique tithing mission.”

Stewardship Financial Corporation’s subsidiary, Atlantic Stewardship Bank (ASB) is proudly celebrating 30 years of serving the greater New Jersey market. Atlantic Stewardship Bank has 12 banking locations in NJ, including; Midland Park, Montville, North Haledon, Pequannock, Ridgewood, Waldwick, Westwood, Wyckoff, two offices in Hawthorne and two offices in Wayne. ASB is known for tithing 10% of its pre-tax profits to Christian and local charities. To date, ASB’s total tithing donations total $8.2 million. ASB invites you to visit their website at www.asbnow.com for additional information and to learn more.

 

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• OpenGate Capital Completes Sale of SMAC
• Radiotherapy Market Size to Grow by USD 10.19 billion from 2024 to 2031- SNS Insider
• D.A. Davidson Adds Tim Ludwick, Enhancing Financial Sponsors Coverage