IF Bancorp, Inc. Announces Cash Dividend
August 14 2024 - 4:16PM
Business Wire
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the
holding company for Iroquois Federal Savings and Loan Association,
today announced that its Board of Directors declared a cash
dividend of $0.20 per common share. The dividend will be paid on
October 18, 2024, to stockholders of record as of the close of
business on September 27, 2024.
“We are pleased to continue paying a cash dividend to our
stockholders,” said Walter H. Hasselbring, III, President and Chief
Executive Officer of the Company. “The payment of dividends
represents our long-term commitment to enhancing stockholder value
and we intend to continue paying a semiannual dividend in the
future, assuming that our financial position and other conditions
continue to allow such payment.”
Iroquois Federal Savings and Loan Association is a
community-oriented financial institution that conducts its
operations from its seven full-service banking offices located in
the municipalities of Watseka, Danville, Clifton, Hoopeston, Savoy,
Bourbonnais and Champaign, Illinois and its loan production office
in Osage Beach, Missouri. Iroquois Federal Savings and Loan
Association offers a broad array of retail and commercial lending
and deposit services.
This press release may contain statements relating to the future
results of the Company (including certain projections and business
trends) that are considered "forward-looking statements" as defined
in the Private Securities Litigation Reform Act of 1995 (the
“PSLRA”). Such forward-looking statements may be identified by the
use of such words as "believe," "expect," "anticipate," "should,"
"planned," "estimated," "intend" and "potential." For these
statements, the Company claims the protection of the safe harbor
for forward-looking statements contained in the PSLRA. The Company
cautions you that a number of important factors could cause actual
results to differ materially from those currently anticipated in
any forward-looking statement. Such factors include, but are not
limited to: prevailing economic and geopolitical conditions,
including as a result of the COVID-19 pandemic; changes in interest
rates, loan demand, real estate values and competition; changes in
accounting principles, policies, and guidelines; changes in any
applicable law, rule, regulation or practice with respect to tax or
legal issues; the effects of government actions taken as a result
of the COVID-19 pandemic; and other economic, competitive,
governmental, regulatory and technological factors affecting the
Company's operations, pricing, products and services and other
factors that may be described in the Company’s annual report on
Form 10-K and quarterly reports on Form 10-Q as filed with the
Securities and Exchange Commission. The forward-looking statements
are made as of the date of this release, and, except as may be
required by applicable law or regulation, the Company assumes no
obligation to update the forward-looking statements or to update
the reasons why actual results could differ from those projected in
the forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240814679252/en/
Walter H. Hasselbring, III Telephone: (815) 432-2476
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