Provident Financial Holdings Declares Cash Dividend for Shareholders
Provident Financial Holdings Declares a Quarterly Cash Dividend
Provident Financial Holdings, Inc., the parent company of Provident Savings Bank, has made an important announcement regarding a significant cash dividend for its shareholders. The Board of Directors has officially declared a quarterly cash dividend amounting to $0.14 per share. This decision reflects the company’s strong performance and commitment to return value to its shareholders.
Details of the Cash Dividend Announcement
The declared cash dividend will be beneficial for all shareholders holding the company's common stock. Those who owned shares at the close of business will be entitled to this payout, emphasizing the company’s focus on rewarding its investor community. The date set for the dividend payment is scheduled for March 6, 2025, showcasing the company’s efficiency in executing its financial commitments.
The Importance of Cash Dividends
Dividends play a crucial role in the investor-community relationship, acting as a direct source of income for shareholders. For many investors, particularly those relying on dividends for regular income, such declarations signal confidence in a company’s performance and stability. Provident Financial Holdings’ move to declare this cash dividend demonstrates its ongoing commitment to shareholder value, further strengthening its market position.
Understanding Shareholder Benefits
Shareholders benefit significantly from regular cash dividends as they provide a tangible return on their investment. This quarterly cash dividend by Provident Financial Holdings not only enhances investor satisfaction but also attracts potential investors looking for reliable income streams. The way in which companies handle their dividends can often be indicative of their overall financial health and business strategy.
Company Leadership and Contact Information
Leading the charge at Provident Financial Holdings is President and CEO Donavon P. Ternes, alongside Senior Vice President and CFO TamHao B. Nguyen. Their guidance ensures that the company adheres to sound financial practices that have allowed Provident to prosper and reward its shareholders effectively. For those seeking more information regarding the dividend or other inquiries, they can be contacted at (951) 686-6060, providing a direct line to company leadership.
Frequently Asked Questions
What is the amount of the declared cash dividend?
The declared cash dividend is $0.14 per share.
When will the cash dividend be paid?
The cash dividend will be paid on March 6, 2025.
Who is eligible to receive the cash dividend?
Shareholders holding the company's common stock at the close of business will be entitled to receive the cash dividend.
Who leads Provident Financial Holdings?
Donavon P. Ternes serves as the President and CEO, with TamHao B. Nguyen as the Senior VP and CFO.
How can I contact Provident Financial Holdings?
You can contact them at (951) 686-6060 for inquiries.
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