Turning Pennies into dollars: (OTC:SEFL) SE Financial Corp
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SE Financial Corp. Announces Cash Dividend
(OTC:SEFL) SE Financial Corp.
SE Financial Corp. Announces Cash Dividend
Tuesday February 17, 4:44 pm ET
PHILADELPHIA-SE Financial Corp. announced recently that its Board has declared a cash dividend of $.03 per share payable on or about March 17, 2009 to stockholders of record as of March 3, 2009.
The cash dividend is being paid to provide a return to stockholders after considering the equity and profitability of the Company and the Bank. It is the current intention of the Board of Directors to continue to pay such a dividend quarterly. However, the payment of future dividends will be subject to the Board?s periodic review of the financial condition, earnings and capital requirements of the Company and the Bank.
SE Financial Corp. is the holding company for St. Edmond?s Federal Savings Bank, a federally chartered stock savings institution with six Neighborhood Banking Offices serving South Philadelphia, Roxborough, Ardmore and Drexel Hill, Pennsylvania and Deptford and Washington Township in New Jersey. SE Financial Corp.?s common stock trades in the over-the-counter market under the symbol ?SEFL.?
Statements contained in this news release, which are not historical facts, contain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risk and uncertainties, which could cause actual results to differ materially from those currently anticipated.
Contact:
SE Financial Corp. Pamela M. Cyr President and CEO 215-468-1700 Source: SE Financial Corp.
Profile for SE Financial Corp.
SE Financial Corp. operates as the holding company for St. Edmond’s Federal Savings Bank that provides traditional retail banking services primarily in Philadelphia, Pennsylvania, and Deptford and Sewell, New Jersey. The bank generates deposits and originates loans. The bank’s deposit products and services comprise non-interest-bearing demand deposits, NOW accounts, money market deposit, savings, and time certificates of deposits. Its lending products include one- to four-family residential mortgage loans, including investor loans and mixed-use loans; multifamily mortgage loans; commercial real estate mortgage loans; construction loans; home equity loans; savings account loans; and other con... Detailed SEFL Company Description...
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