Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Stewardship Financial Corporation Declares Cash Dividend


Print article Print article
© Marketwire 2013
2013-01-16 22:05:12 -

MIDLAND PARK, NJ -- (Marketwire) -- 01/16/13 -- The Board of Directors of Stewardship Financial Corporation (NASDAQ: SSFN), parent company of Atlantic Stewardship Bank, has declared a $0.01 per share cash dividend. Common stockholders of record as of February 1, 2013 will be paid the dividend on February 15, 2013.





In announcing the dividend, Chairman William C. Hanse stated, "The Board of Directors has made the prudent decision to pay the first quarter 2013 cash dividend on common shares in the amount of $0.01 per share. This dividend represents a reduction when compared to the $0.02 per share paid in the previous quarter."



Paul Van Ostenbridge, President and Chief Executive Officer, continued, "While we remain committed to providing value to our shareholders, we also recognize our obligation to maintain a strong capital position and preserve our well-capitalized status."



Stewardship Financial Corporation's subsidiary, the Atlantic Stewardship Bank, has 13 banking offices in Midland Park, Hawthorne (2), Montville, North Haledon, Pequannock, Ridgewood, Waldwick, Wayne (3), Westwood and Wyckoff, New Jersey. The bank is known for tithing 10% of its pre-tax profits to Christian and local charities. To date, the Bank's total tithe donations total $7.7 million.



We invite you to visit our website at www.asbnow.com : ctt.marketwire.com/?release=975255&id=2491486&type=1& .. for additional information.




Contact:
Mary Beth Steiginga
630 Godwin Avenue
Midland Park, NJ 07432
201-444-7100



Press Information:




Contact Person:


Disclaimer: (c) 2014 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com