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Banking industry

FSF Financial Corp. Announces Annual Meeting Results and Quarterly Dividend

Strategic Insights

— 1 min read

FSF Financial Corp., parent company of First Federal fsb, announced the results of its annual meeting and the payment of a quarterly dividend at the Hutchinson, Minnesota-based company's sixth annual stockholder meeting. The annual meeting saw the re-election of Sever B. Knutson and George B. Loban to the board of directors, and the ratification of Bertram Cooper & Co. as auditors for the fiscal year ending September 30, 2000. In addition, the company announced a regular quarterly dividend of 12.5 cents per share of common stock, payable on February 15, 2000, to stockholders of record on January 31, 2000.

Key Takeaways:

  • FSF Financial Corp. re-elected Sever B. Knutson and George B. Loban to a three-year term on the board of directors.
  • Bertram Cooper & Co. was ratified as auditors for the fiscal year ending September 30, 2000.
  • The company declared a regular quarterly dividend of 12.5 cents per share of common stock, payable on February 15, 2000, to stockholders of record on January 31, 2000.
  • The dividend payment is contingent on the company's operating results for the quarter ended December 31, 1999.
  • The company's operating results for the first quarter are scheduled to be released on Thursday, January 20, 2000.
  • First Federal fsb is a federally-chartered stock savings bank with eleven offices across Minnesota.
  • The bank offers a variety of deposit and loan products as a community-oriented, full-service retail bank.

Statistics:

  • 12.5 cents per share: the amount of the regular quarterly dividend paid to stockholders of record on January 31, 2000.
  • $0-$0.125: the estimated value of the quarterly dividend payment.
  • 11: the number of offices operated by First Federal fsb across Minnesota.
  • 31, 2000: the date by which stockholders must be recorded to receive the dividend payment.

Sources:

  • PRNewswire, "FSF Financial Corp. Announces Annual Meeting Results and Payment of Quarterly Dividend" (2000)
  • FSF Financial Corp. annual meeting minutes, January 18, 2000.

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