2022-08-10 | NDAQ: IROQ | Press release
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company of the Iroquois Federal Savings and Loan Association, today announced that its Board of Directors has declared a cash dividend of $0.20 per common share The dividend will be paid on October 14, 2022 to shareholders of record at the close of business on September 23, 2022.
“We are pleased to continue to pay a cash dividend to our shareholders, ” said Walter H. Hasselbring, III, president and CEO of the company. “The payment of dividends represents our long-term commitment to enhancing shareholder value and we intend to continue to pay a semi-annual dividend going forward, assuming our financial condition and other conditions continue to permit such payment.”
The Iroquois Federal Savings and Loan Association is a community-focused financial institution that operates 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 and wealth management office in Osage Beach, Missouri. The Iroquois Federal Savings and Loan Association provides a wide range of personal and business loan and deposit services.
This press release may contain statements relating to the Company’s future results (including certain business projections and trends) that qualify as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “PSLRA&CloseCurlyDoubleQuote 😉 Such forward-looking statements can be identified by the use of words such as “believe”, “expect”, “anticipate”, “should”, “expect”, “estimate”, “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 that a number of important factors could cause actual results to differ. materially from those currently anticipated in any forward-looking statement. These factors include, but are not limited to: prevailing economic and geopolitical conditions, our particularly due to 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 tax or legal law, rule, regulation or practice; the effects of governmental measures taken as a result of the COVID-19 pandemic; and other economic, competitive, governmental, regulatory and technological factors affecting the Company’s operations, prices, products and services and other factors which 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. Forward-looking statements are made as of the date of this release and, except as required by applicable law or regulation, the Company undertakes no obligation to update any forward-looking statements or to update the reasons why the results actual may differ. those projected in the forward-looking statements.