First Niles Declares 6-Cent Dividend

NILES, Ohio – First Niles Financial Inc., the parent of Home Federal Savings and Loan Association of Niles, has declared a six-cent dividend on common stock.

The bank also announced a seven-cent divided for preferred Class A stock.

The dividends will be payable March 26 to shareholders of record as of March 12.

First Niles had assets of $109.7 million and stockholder’s equity of $12.9 million as of Dec. 31.

Copyright 2022 The Business Journal, Youngstown, Ohio.