First Niles Declares 5-Cent Cash Dividend

NILES, Ohio — First Niles Financial Inc. announced a cash dividend of five cents per share of common stock, and six cents per share on preferred class A stock for the first quarter of 2019.

The parent company of Home Federal Savings and Loan Association of Niles stated that the dividend will be payable on March 22 to shareholders of record on March 8.

As of Dec. 31, 2018, First Niles had $99.1 million in assets and $11.8 million in stockholders’ equity.