ASHLAND, Ky., April 21, 2015 /PRNewswire/ -- Poage
Bankshares, Inc. (NASDAQ Capital: PBSK) announced on
April 21, 2015 that its Board of
Directors declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid
on or about May 18, 2015, to
stockholders of record as of the close of business on May 11, 2015. The dividend amount represents
an increase over its quarterly dividend of $0.05 per share that the Company has paid since
October 2013.
"We are pleased to pay an increased cash dividend to our
shareholders this quarter," said Ralph E.
Coffman, Jr., President and Chief Executive Officer of the
Company. "The payment of dividends represents our long-term
commitment to enhancing shareholder value, and the increase in
quarterly dividends represents our growth and enhanced performance
in recent periods."
About Poage Bankshares, Inc.
Poage Bankshares, Inc. is the savings and loan holding company
for Town Square Bank. Originally chartered in 1889 under the
name "Home Federal Savings and Loan Association" and headquartered
in Ashland, Kentucky, Town Square
Bank conducts its operations from 8 full-service banking offices
located in Ashland, Flatwoods, South
Shore, Louisa, Greenup, Nicholasville, Cannonsburg and Catlettsburg, Kentucky.
Contact:
|
Ralph E.
Coffman
|
|
(606)
324-2931
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/poage-bankshares-inc-announces-increased-quarterly-cash-dividend-300069774.html
SOURCE Poage Bankshares, Inc.