Meta Financial Group, Inc.(R) Declares Cash Dividend
August 27 2009 - 4:05PM
PR Newswire (US)
STORM LAKE, Iowa, Aug. 27 /PRNewswire-FirstCall/ -- Meta Financial
Group, Inc. (the "Company") (NASDAQ:CASH) announced that the
Company will pay a cash dividend of $0.13 per share for the fourth
fiscal quarter of 2009. This dividend will be payable on or about
October 1, 2009 to shareholders of record as of September 14, 2009.
At June 30, 2009, the Company had total assets of $819.5 million
and shareholders' equity of $44.1 million. This press release and
other important information about the Company are available at
http://www.metacash.com/. Corporate Profile: Meta Financial Group,
Inc. (doing business as Meta Financial Group) is the holding
company for MetaBank(TM) and Meta Trust Company . MetaBank(TM) is a
federally-chartered savings bank with four market areas: Northwest
Iowa Market, Brookings Market, Central Iowa Market, Sioux Empire
Market; and the Meta Payment Systems prepaid card division.
Thirteen retail banking offices and one administrative office
support customers throughout northwest and central Iowa, and in
Brookings and Sioux Falls, South Dakota. The Company, and its
wholly-owned subsidiaries, MetaBank(TM) and Meta Trust , may from
time to time make written or oral "forward-looking statements,"
including statements contained in its filings with the Securities
and Exchange Commission, in its reports to shareholders, and in
other communications by the Company, which are made in good faith
by the Company pursuant to the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include statements with respect to the
Company's beliefs, expectations, estimates, and intentions that are
subject to significant risks and uncertainties, and are subject to
change based on various factors, some of which are beyond the
Company's control. Such statements address the following subjects:
future operating results; customer retention; loan and other
product demand; important components of the Company's balance sheet
and income statements; growth and expansion; new products and
services, such as those offered by MPS or MetaBank; credit quality
and adequacy of reserves; technology; and our employees. The
following factors, among others, could cause the Company's
financial performance to differ materially from the expectations,
estimates, and intentions expressed in such forward-looking
statements: the strength of the United States economy in general
and the strength of the local economies in which the Company
conducts operations; the effects of, and changes in, trade,
monetary, and fiscal policies and laws, including interest rate
policies of the Federal Reserve Board; inflation, interest rate,
market, and monetary fluctuations; the timely development of and
acceptance of new products and services offered by the Company as
well as risks (including litigation) attendant thereto and the
perceived overall value of these products and services by users;
the risks of dealing with or utilizing third-party vendors; the
impact of changes in financial services' laws and regulations;
technological changes, including but not limited to the protection
of electronic files or databases; acquisitions; risk in general,
including but not limited to those risks involving the MPS
division; the growth of the Company's business as well as expenses
related thereto; changes in consumer spending and saving habits;
and the success of the Company at managing and collecting assets of
borrowers in default. The foregoing list of factors is not
exclusive. Additional discussions of factors affecting the
Company's business and prospects are contained in the Company's
periodic filings with the SEC. The Company expressly disclaims any
intent or obligation to update any forward-looking statement,
whether written or oral, that may be made from time to time by or
on behalf of the Company or its subsidiaries. DATASOURCE: Meta
Financial Group, Inc. CONTACT: Lisa Binder, Investor Relations of
Meta Financial Group, Inc., +1-712-749-7535 Web Site:
http://www.metacash.com/
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