First Financial Northwest, Inc. (FFNW), the holding company for First Savings Bank Northwest, said Monday that its Board of Directors has declared a quarterly cash dividend of $0.04 per share, payable on June 14 to shareholders of record on May 31.
Additionally, the company said that its Board of Directors has authorized the repurchase of up to about 1.88 million shares of the Company's common stock, or 10% of the company's outstanding shares. The shares may be purchased in the open market or in privately negotiated transactions from time to time over a six month period, depending upon market conditions and other factors.
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