ROBBINSVILLE, N.J., June 17, 2011 (GLOBE NEWSWIRE) -- Roma Financial Corporation (Nasdaq:ROMA) (the Company), the holding company of Roma Bank, announced today that its Board of Directors (the Board) declared the Company's eighteenth consecutive quarterly cash dividend. A dividend of $.08 per share will be paid on or about July 20, 2011 to stockholders of record on July 6, 2011.
"Our Board of Directors is pleased to declare an 18th consecutive quarterly dividend payment to the Company's minority stockholders", commented Peter A. Inverso, President and CEO. "Based on the closing price of the Company's stock on June 15th, the declared quarterly dividend represents an annual yield of 3.32%", he noted.
"It remains the current intention of our Board to continue to pay a dividend quarterly. However, the payment and the amount of future dividends will be predicated on the Board's assessment of the Company's financial condition, earnings and capital requirements, and any regulatory actions", he concluded.
Roma Financial Corporation is the holding company of Roma Bank, a community bank headquartered in Robbinsville, New Jersey, and RomAsia Bank headquartered in South Brunswick, New Jersey. Roma Bank has been serving families, businesses and the communities of Central New Jersey for over 90 years with a complete line of financial products and services. Roma Bank has branch locations in Mercer, Burlington, Camden and Ocean counties in New Jersey. Visit Roma online at , or RomAsia Bank at . RomAsia Bank has two branch locations in Middlesex County, New Jersey.
Forward Looking Statements
The foregoing material contains forward-looking statements concerning the Company. We caution that such statements are subject to a number of uncertainties and readers should not place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
CONTACT: Peter A. Inverso President & CEO 609 223-8310