First Northwest Bancorp (FNWB) Raises Quarterly Dividend 25% to $0.05; 0.3% Yield
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First Northwest Bancorp Increases Quarterly Cash Dividend by 25% to $0.05 Per Share
February 5, 2020 3:00 PM ESTPORT ANGELES, Wash., Feb. 05, 2020 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB) (Company), the holding company for First Federal Savings and Loan Association of Port Angeles, today announced that its Board of Directors increased its regular quarterly cash dividend by 25% to $0.05 per share. The dividend will be paid on March 6, 2020 to shareholders of record on February 21, 2020.
"We believe quarterly cash dividends are an important component of building shareholder value, and we are pleased to be able to raise the dividend to our shareholders, stated Matthew P. Deines, President and CEO.
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