Kearny Financial Corp.: Kearny Financial Corp. Announces Cash Dividend

FAIRFIELD, NJ--(Marketwire - June 18, 2008) - Kearny Financial Corp. (the "Company") announced today that the Company's Board of Directors has declared a quarterly cash dividend of $.05 per share to stockholders of record as of July 3, 2008 payable on July 25, 2008. The Company is the majority-owned subsidiary of Kearny MHC, a federally chartered mutual holding company, which owns 72.1% of the Company's outstanding shares. Kearny Financial Corp. is the holding company for Kearny Federal Savings Bank, which operates from its administrative headquarters building in Fairfield, New Jersey, and 28 retail branch offices located in Bergen, Hudson, Passaic, Morris, Middlesex, Essex, Union and Ocean Counties, New Jersey. At March 31, 2008, Kearny Financial Corp. had total assets, deposits and stockholders' equity of $2.06 billion,... [read full story]