Kentucky First Federal Bancorp (KFFB) Suspends Dividend

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Kentucky First Federal Bancorp Announces Suspension of Quarterly Cash Dividend

January 16, 2024 4:46 PM EST

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB) (the Company), the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky (collectively the Banks), announced today that the Companys Board of Directors has voted to suspend the payment of the quarterly cash dividend on the Companys common stock indefinitely. Emphasizing that the Banks are both well-capitalized under all applicable regulatory requirements and that asset quality remains good, Don... More