First Niles Declares 5-Cent Dividend
NILES, Ohio – First Niles Financial Inc., the parent company of Home Federal Savings and Loan Association of Niles, has declared a 5-cent cash dividend for common stock and 6-cent dividend for preferred class A stock.
The quarterly dividend will be paid Sept. 20 to shareholders of record as of Sept. 6.
First Niles had $94.5 million in assets and $12.8 million in stockholders’ equity as of June 30.
In the second quarter, First Niles reported net income $121,000, a 27.4% increase from the second quarter of 2018.
Copyright 2019 The Business Journal, Youngstown, Ohio.
Published by The Business Journal, Youngstown, Ohio.
CLICK HERE to subscribe to our print edition and sign up to our free daily headlines.