First Savings Financial Group announced a quarterly dividend of $0.15 and scheduled its annual stockholders' meeting for February 2025.
Quiver AI Summary
First Savings Financial Group, Inc. announced a quarterly cash dividend of $0.15 per common share, set to be paid on or about December 31, 2024, to stockholders of record as of December 16, 2024. The company also disclosed that its annual stockholders meeting will occur on February 11, 2025. Headquartered in Jeffersonville, Indiana, First Savings Bank operates fifteen branches in Southern Indiana and is known for its national lending programs, including those for commercial real estate and SBA loans. The bank is committed to being a leading community bank, and its common shares are traded on the NASDAQ under the symbol "FSFG."
Potential Positives
- The Board of Directors declared a quarterly cash dividend of $0.15 per common share, indicating strong financial performance and returning value to shareholders.
- The dividend payment date of December 31, 2024, provides clarity and certainty for investors regarding income expectations.
- The announcement of the annual meeting of stockholders on February 11, 2025, demonstrates transparency and engagement with shareholders.
Potential Negatives
- The announced dividend of $0.15 per share may indicate limited profitability, suggesting the company has less capital available for reinvestment or growth initiatives.
- The timing of the dividend payment, coinciding with year-end, may raise concerns about the company's financial health among investors who expect stronger year-end results.
- The release lacks details on the company's financial performance or prospects, which may lead to uncertainty and apprehension among shareholders and potential investors.
FAQ
What is the cash dividend declared by First Savings Financial Group?
The Board of Directors declared a quarterly cash dividend of $0.15 per common share.
When will the cash dividend be paid?
The dividend will be paid on or about December 31, 2024.
Who is eligible for the cash dividend payment?
Stockholders of record as of the close of business on December 16, 2024, will be eligible.
When is the annual meeting of stockholders scheduled?
The annual meeting of stockholders will be held on Tuesday, February 11, 2025.
Where is First Savings Bank located?
First Savings Bank is headquartered in Jeffersonville, Indiana, across the Ohio River from Louisville, Kentucky.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FSFG Hedge Fund Activity
We have seen 15 institutional investors add shares of $FSFG stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOURTHSTONE LLC added 134,029 shares (+166.2%) to their portfolio in Q3 2024
- STRATEGIC VALUE BANK PARTNERS LLC removed 83,155 shares (-100.0%) from their portfolio in Q3 2024
- CERITY PARTNERS LLC added 42,696 shares (+166.0%) to their portfolio in Q3 2024
- CANNELL CAPITAL LLC removed 20,797 shares (-100.0%) from their portfolio in Q2 2024
- QUBE RESEARCH & TECHNOLOGIES LTD added 14,192 shares (+709600.0%) to their portfolio in Q3 2024
- LEGACY CAPITAL WEALTH PARTNERS, LLC removed 10,500 shares (-100.0%) from their portfolio in Q2 2024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 9,980 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
JEFFERSONVILLE, Ind., Nov. 29, 2024 (GLOBE NEWSWIRE) -- First Savings Financial Group, Inc. (Nasdaq: FSFG) (the “Company”), the holding company for First Savings Bank (the “Bank”), today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per common share. The dividend will be paid on or about December 31, 2024 to stockholders of record as of the close of business on December 16, 2024. Also, the Company announced today that its annual meeting of stockholders will be held on Tuesday, February 11, 2025.
First Savings Bank is an entrepreneurial community bank headquartered in Jeffersonville, Indiana, which is directly across the Ohio River from Louisville, Kentucky, and operates fifteen depository branches within Southern Indiana. The Bank also has two national lending programs, including single-tenant net lease commercial real estate and SBA lending, with offices located predominately in the Midwest. The Bank is a recognized leader, both in its local communities and nationally for its lending programs. The employees of First Savings Bank strive daily to achieve the organization’s vision, We Expect To Be The BEST community BANK, which fuels our success. The Company’s common shares trade on The NASDAQ Stock Market under the symbol “FSFG.”
Contact :
Tony A. Schoen
Chief Financial Officer
(812) 283-0724
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