Astoria Financial Corporation (NYSE:AF) Files An 8-K Other EventsItem 8.01
On June 16, 2017, the Board of Directors of Astoria Financial Corporation declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.5% Series C Non-Cumulative Perpetual Preferred stock. This quarterly cash dividend will be distributed on July 17, 2017 to shareholders of record as of June 30, 2017.
About Astoria Financial Corporation (NYSE:AF)
Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business is the operation of its subsidiary, Astoria Bank, which is a local, community-oriented bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one- to four- family, or residential, mortgage loans, and mortgage-backed securities. Astoria Bank also invests in consumer and other loans, the United States Government, government agency and government-sponsored enterprise (GSE), securities and other investments. The Company offers negotiable order of withdrawal (NOW) and demand deposit accounts, money market accounts, passbook and statement savings accounts, and certificates of deposit.