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SE Financial Corp. Announces Cash Dividend


Published on 2011-02-16 07:45:25 - Market Wire
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PHILADELPHIA--([ BUSINESS WIRE ])--SE Financial Corp. (Pink Sheets: SEFL) announced today that its Board has declared a cash dividend on February 15, 2011 of $.03 per share payable on or about March 15, 2011 to stockholders of record as of March 1, 2011.

The cash dividend is being paid to provide a return to stockholders after considering the equity and profitability of the Company and the Bank. It is the current intention of the Board of Directors to continue to pay such a dividend quarterly. However, the payment of future dividends will be subject to the Boarda™s periodic review of the financial condition, earnings and capital requirements of the Company and the Bank.

SE Financial Corp. is the holding company for St. Edmonda™s Federal Savings Bank, a federally chartered stock savings institution with six Neighborhood Banking Offices serving South Philadelphia, Roxborough, Ardmore and Drexel Hill, Pennsylvania and Deptford and Washington Township in New Jersey. SE Financial Corp.a™s common stock trades in the over-the-counter market under the symbol aSEFL.a

Statements contained in this news release, which are not historical facts, contain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risk and uncertainties, which could cause actual results to differ materially from those currently anticipated.