ROBBINSVILLE, N.J., June 25, 2008 (PRIME 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 sixth consecutive quarterly cash dividend. A dividend of $.08 per share will be paid on or about July 23, 2008 to stockholders of record on July 9, 2008.
President and CEO, Peter A. Inverso, commented that, "Despite an uncertain economy and in contrast to the scaling back of dividends by some banks and financial service companies because of capital and earnings erosion, we are very pleased to provide this quarterly return to our stockholders which maintains the elevated quarterly dividend rate of $.08 per share. It remains the current intention of the Board to continue to pay a dividend quarterly. However, the payment and amount of future dividends will be predicated on the Board's assessment of the financial condition, earnings and capital requirements of the Company."
Roma Financial Corporation is the holding company of Roma Bank, a community bank headquartered in Robbinsville, New Jersey. Roma Bank has been serving families, businesses and the communities of Central New Jersey for over 86 years with a complete line of financial products and services. Roma Bank has branch locations in Mercer, Burlington and Ocean counties in New Jersey. Visit Roma online at www.romabank.com
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.