First Niles Financial Declares Q2 Cash Dividend
NILES, Ohio – First Niles Financial Inc., the parent company of Home Federal Savings and Loan Association of Niles, announced a cash dividend of 6 cents per share on common stock and 7 cents per share on preferred Class A stock for the second quarter of 2023.
On March 31, 2023, Home Federal exceeded all its applicable regulatory capital requirements and announced $144.6 million in assets. Additionally, at the end of the first quarter, the bank had $13.2 million in stockholders’ equity.
The dividend will be payable on June 23 to shareholders of record on June 9. The stock of First Niles can be found on the OTC Pink under the symbol FNFI.
Published by The Business Journal, Youngstown, Ohio.