First Niles Financial Declares Q3 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 third quarter of 2023.

The dividend will be payable on Sept. 22 for shareholders of record on Sept. 8.

First Niles, quoted on the OTC Pink under the symbol FNFI, had $148.9 million in assets and $13 million in stockholders’ equity as of June 30.

The 6- and 7-cent dividends are the same as were announced for the second quarter of 2023 and for the third quarter of 2022.

Published by The Business Journal, Youngstown, Ohio.