Business Services Industry

Broadway Financial Corporation Announces Second Quarter Dividend

Business Wire, July 3, 2007

LOS ANGELES -- Broadway Financial Corporation ("Company") (NASDAQ:BYFC), the holding company of Broadway Federal Bank, f.s.b. ("Bank"), today announced that its Board of Directors has approved the payment of the Company's cash dividend for the second quarter. A dividend of $0.05 cents per share of the Company's Common Stock will be paid on July 31, 2007 to stockholders of record as of July 13, 2007.

Broadway Federal Bank, celebrating its 60th anniversary, is a community-oriented savings bank, which primarily originates residential and commercial mortgage loans in the greater Los Angeles area. The Bank operates four full service branches, three in the city of Los Angeles, and one in the nearby city of Inglewood, California. Shareholders, analysts and others seeking information about the Company or the Bank are invited to write to: Broadway Financial Corporation, Investor Relations, 4800 Wilshire Blvd., Los Angeles, CA 90010, or visit our website at www.broadwayfederalbank.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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