{"success":true,"data":{"pressRelease":{"id":"49704","rtpr_id":"nGNXPxgnz","ticker":"KFFB","exchange":"NASDAQ","all_tickers":["KFFB"],"title":"Kentucky First Federal Bancorp Board of Directors to Consider Resumption of Quarterly Dividend","author":"Globe Newswire","published_at":"2026-05-29T18:53:45.103Z","article_body":"HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., May 29,\n2026 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the\nholding company (the “Company” or “Kentucky First”) for First Federal\nSavings and Loan Association of Hazard and First Federal Savings Bank of\nKentucky, Frankfort, Kentucky, announced that on July 28, 2026 its Board of\nDirectors will hold a special meeting of the Board to evaluate whether to\ndeclare a quarterly dividend on shares of the Company’s common stock in an\namount not to exceed $0.10 per share. However, the Kentucky First Board of\nDirectors may decide to declare a lower dividend or declare no dividend at\nall. No decision regarding the amount, frequency, or occurrence of future\ndividends has been made by the Kentucky First Board of Directors at this time\nand all dividends on Kentucky First common stock are declared at the\ndiscretion of the Kentucky First Board of Directors. The Company previously\nannounced on January 16, 2024, that the Board of Directors had voted to\nsuspend the payment of dividends and the Company has not paid a dividend since\nNovember 2023.\n\nThe Company’s July 28, 2026 special Board meeting will follow the meeting of\nthe members of First Federal MHC who are meeting on July 28, 2026 to vote on a\nproposal to permit First Federal MHC to waive its right to receive quarterly\ndividends aggregating up to $0.40 per share declared by Kentucky First during\nthe 12-month period following member approval of the dividend waiver proposal.\nFirst Federal MHC holds 58.5% of the Company’s outstanding shares of common\nstock. The members of First Federal MHC previously approved similar proposals\nto waive First Federal MHC’s right to receive dividends declared and paid by\nthe Company from 2012 through 2023. The declaration and payment of any\ndividend by the Kentucky First Board of Directors remains subject to any\nrequired non-objection of the Federal Reserve Bank of Cleveland.\n\nForward-Looking Statements\n\nThis press release may contain statements that are forward-looking, as that\nterm is defined by the Private Securities Litigation Act of 1995 or the\nSecurities and Exchange Commission in its rules, regulations and releases. The\nCompany intends that such forward-looking statements be subject to the safe\nharbors created thereby. These forward-looking statements may be identified by\nthe use of words such as “believe,” “expect,” “anticipate,”\n“plan,” “estimate,” “intend” and “potential,” or words of\nsimilar meaning, or future or conditional verbs such as “should,”\n“could,” or “may.” Forward-looking statements include statements of\nour goals, intentions and expectations; statements regarding our business\nplans, prospects, growth and operating strategies; statements regarding the\nquality of our loan and investment portfolios; and estimates of our risks and\nfuture costs and benefits. Kentucky First Federal Bancorp’s actual results,\nperformance or achievements may materially differ from those expressed or\nimplied in the forward-looking statements. Risks and uncertainties that could\ncause or contribute to such material differences include, but are not limited\nto, general economic conditions; prices for real estate in the Company’s\nmarket areas; the interest rate environment and the impact of the interest\nrate environment on our business, financial condition and results of\noperations; our ability to successfully execute our strategy to increase\nearnings, increase core deposits, reduce reliance on higher cost funding\nsources and shift more of our loan portfolio towards higher-earning loans; our\nability to pay future dividends and if so at what level; our ability to\nreceive any required regulatory approval or non-objection to pay dividends to\nshareholders; our ability to pay dividends from First Federal Savings and Loan\nAssociation of Hazard and First Federal Savings Bank of Kentucky to the\nCompany in order for the Company to pay dividends to shareholders; the ability\nof First Federal MHC to receive approval of its members to waive the payment\nof any Company dividends to First Federal MHC; competitive conditions in the\nfinancial services industry; changes in the level of inflation; the impacts of\ntariffs, sanctions and other trade policies of the United States and its\nglobal trading counterparts; changes in the demand for loans, deposits and\nother financial services that we provide; the possibility that future credit\nlosses may be higher than currently expected; competitive pressures among\nfinancial services companies; the ability to attract, develop and retain\nqualified employees; our ability to maintain the security of our data\nprocessing and information technology systems; the outcome of pending or\nthreatened litigation, or of matters before regulatory agencies; changes in\nlaw, governmental policies and regulations, rapidly changing technology\naffecting financial services, and the other matters mentioned in Item 1A of\nthe Company’s Annual Report on Form 10-K for the year ended June 30, 2025.\nExcept as required by applicable law or regulation, the Company does not\nundertake the responsibility, and specifically disclaims any obligation, to\nrelease publicly the result of any revisions that may be made to any\nforward-looking statements to reflect events or circumstances after the date\nof the statements or to reflect the occurrence of anticipated or unanticipated\nevents.\n\nAbout Kentucky First Federal Bancorp\n\nKentucky First Federal Bancorp is the parent company of First Federal Savings\nand Loan Association of Hazard, which operates one banking office in Hazard,\nKentucky, and First Federal Savings Bank of Kentucky, which operates three\nbanking offices in Frankfort, Kentucky, two banking offices in Danville,\nKentucky and one banking office in Lancaster, Kentucky. Kentucky First Federal\nBancorp shares are traded on the Nasdaq National Market under the symbol KFFB.\nAt March 31, 2026, the Company had approximately 8,086,715 shares outstanding\nof which approximately 58.5% was held by First Federal MHC.\n\n Contact:  Don D. Jennings, President, or Tyler Eades, Vice President  \n           (502) 223-1638                                              \n           216 West Main Street                                        \n           P.O. Box 535                                                \n           Frankfort, KY 40602                                         \n                                                                       \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/23a82eeb-691f-48dd-8c54-29294a215d2e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXPxgnz","title":"Kentucky First Federal Bancorp Board of Directors to Consider Resumption of Quarterly Dividend","author":"Globe Newswire","ticker":"KFFB","created":"2026-05-29T18:53:45.103Z","tickers":["KFFB"],"exchange":"NASDAQ","article_body":"HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., May 29,\n2026 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the\nholding company (the “Company” or “Kentucky First”) for First Federal\nSavings and Loan Association of Hazard and First Federal Savings Bank of\nKentucky, Frankfort, Kentucky, announced that on July 28, 2026 its Board of\nDirectors will hold a special meeting of the Board to evaluate whether to\ndeclare a quarterly dividend on shares of the Company’s common stock in an\namount not to exceed $0.10 per share. However, the Kentucky First Board of\nDirectors may decide to declare a lower dividend or declare no dividend at\nall. No decision regarding the amount, frequency, or occurrence of future\ndividends has been made by the Kentucky First Board of Directors at this time\nand all dividends on Kentucky First common stock are declared at the\ndiscretion of the Kentucky First Board of Directors. The Company previously\nannounced on January 16, 2024, that the Board of Directors had voted to\nsuspend the payment of dividends and the Company has not paid a dividend since\nNovember 2023.\n\nThe Company’s July 28, 2026 special Board meeting will follow the meeting of\nthe members of First Federal MHC who are meeting on July 28, 2026 to vote on a\nproposal to permit First Federal MHC to waive its right to receive quarterly\ndividends aggregating up to $0.40 per share declared by Kentucky First during\nthe 12-month period following member approval of the dividend waiver proposal.\nFirst Federal MHC holds 58.5% of the Company’s outstanding shares of common\nstock. The members of First Federal MHC previously approved similar proposals\nto waive First Federal MHC’s right to receive dividends declared and paid by\nthe Company from 2012 through 2023. The declaration and payment of any\ndividend by the Kentucky First Board of Directors remains subject to any\nrequired non-objection of the Federal Reserve Bank of Cleveland.\n\nForward-Looking Statements\n\nThis press release may contain statements that are forward-looking, as that\nterm is defined by the Private Securities Litigation Act of 1995 or the\nSecurities and Exchange Commission in its rules, regulations and releases. The\nCompany intends that such forward-looking statements be subject to the safe\nharbors created thereby. These forward-looking statements may be identified by\nthe use of words such as “believe,” “expect,” “anticipate,”\n“plan,” “estimate,” “intend” and “potential,” or words of\nsimilar meaning, or future or conditional verbs such as “should,”\n“could,” or “may.” Forward-looking statements include statements of\nour goals, intentions and expectations; statements regarding our business\nplans, prospects, growth and operating strategies; statements regarding the\nquality of our loan and investment portfolios; and estimates of our risks and\nfuture costs and benefits. Kentucky First Federal Bancorp’s actual results,\nperformance or achievements may materially differ from those expressed or\nimplied in the forward-looking statements. Risks and uncertainties that could\ncause or contribute to such material differences include, but are not limited\nto, general economic conditions; prices for real estate in the Company’s\nmarket areas; the interest rate environment and the impact of the interest\nrate environment on our business, financial condition and results of\noperations; our ability to successfully execute our strategy to increase\nearnings, increase core deposits, reduce reliance on higher cost funding\nsources and shift more of our loan portfolio towards higher-earning loans; our\nability to pay future dividends and if so at what level; our ability to\nreceive any required regulatory approval or non-objection to pay dividends to\nshareholders; our ability to pay dividends from First Federal Savings and Loan\nAssociation of Hazard and First Federal Savings Bank of Kentucky to the\nCompany in order for the Company to pay dividends to shareholders; the ability\nof First Federal MHC to receive approval of its members to waive the payment\nof any Company dividends to First Federal MHC; competitive conditions in the\nfinancial services industry; changes in the level of inflation; the impacts of\ntariffs, sanctions and other trade policies of the United States and its\nglobal trading counterparts; changes in the demand for loans, deposits and\nother financial services that we provide; the possibility that future credit\nlosses may be higher than currently expected; competitive pressures among\nfinancial services companies; the ability to attract, develop and retain\nqualified employees; our ability to maintain the security of our data\nprocessing and information technology systems; the outcome of pending or\nthreatened litigation, or of matters before regulatory agencies; changes in\nlaw, governmental policies and regulations, rapidly changing technology\naffecting financial services, and the other matters mentioned in Item 1A of\nthe Company’s Annual Report on Form 10-K for the year ended June 30, 2025.\nExcept as required by applicable law or regulation, the Company does not\nundertake the responsibility, and specifically disclaims any obligation, to\nrelease publicly the result of any revisions that may be made to any\nforward-looking statements to reflect events or circumstances after the date\nof the statements or to reflect the occurrence of anticipated or unanticipated\nevents.\n\nAbout Kentucky First Federal Bancorp\n\nKentucky First Federal Bancorp is the parent company of First Federal Savings\nand Loan Association of Hazard, which operates one banking office in Hazard,\nKentucky, and First Federal Savings Bank of Kentucky, which operates three\nbanking offices in Frankfort, Kentucky, two banking offices in Danville,\nKentucky and one banking office in Lancaster, Kentucky. Kentucky First Federal\nBancorp shares are traded on the Nasdaq National Market under the symbol KFFB.\nAt March 31, 2026, the Company had approximately 8,086,715 shares outstanding\nof which approximately 58.5% was held by First Federal MHC.\n\n Contact:  Don D. Jennings, President, or Tyler Eades, Vice President  \n           (502) 223-1638                                              \n           216 West Main Street                                        \n           P.O. Box 535                                                \n           Frankfort, KY 40602                                         \n                                                                       \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/23a82eeb-691f-48dd-8c54-29294a215d2e)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-29T18:53:45.145975221Z","server_sent_at_ms":1780080825145},"received_at":"2026-05-29T18:53:45.203Z","source_url":null},"analysis":{"id":"39137","press_release_id":"49704","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":["Dividend not yet declared; Board may choose to pay nothing","Dividend payment subject to Federal Reserve non-objection","Major shareholder (First Federal MHC) must vote to waive its dividend rights for the plan to work"],"eventType":"dividend","narrative":"Kentucky First Federal Bancorp will hold a special Board meeting on July 28, 2026, to consider resuming quarterly dividends on its common stock.\n\nThe Board may declare a dividend of up to $0.10 per share, but it retains the discretion to declare a lower amount or no dividend at all.\n\nThis potential resumption follows a suspension announced in January 2024, with no dividends paid since November 2023. Any declaration is subject to regulatory non-objection from the Federal Reserve Bank of Cleveland and a member vote by First Federal MHC to waive its right to receive up to $0.40 per share in dividends over the subsequent year.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"KFFB explores dividend resumption after 2-year hiatus; vote scheduled for July 28."},"keyFigures":{"customDimensions":{"shares_outstanding":8086715,"waiver_cap_per_share":0.4,"max_dividend_per_share":0.1,"first_federal_mhc_ownership_pct":58.5}},"quotedText":"The Company previously announced on January 16, 2024, that the Board of Directors had voted to suspend the payment of dividends and the Company has not paid a dividend since November 2023.","namedEntities":{"people":[{"name":"Don D. Jennings","role":"President"},{"name":"Tyler Eades","role":"Vice President"}],"products":[],"companies":[{"name":"Kentucky First Federal Bancorp","ticker":"KFFB","relationship":"filer"},{"name":"First Federal Savings and Loan Association of Hazard","relationship":"subsidiary"},{"name":"First Federal Savings Bank of Kentucky","relationship":"subsidiary"},{"name":"First Federal MHC","relationship":"major shareholder"},{"name":"Federal Reserve Bank of Cleveland","relationship":"regulator"}],"dollarAmounts":[{"amount":"$0.10","context":"maximum proposed quarterly dividend per share"},{"amount":"$0.40","context":"maximum aggregate quarterly dividends waived by First Federal MHC over 12 months"}]},"materialImpact":{"score":2,"reasoning":"The company is considering resuming dividends after a multi-year suspension, which is a positive signal of improved capital position. However, no dividend has been declared yet; the Board will vote in July, and the amount is capped at $0.10/share with the possibility of zero. This is a preliminary step rather than a confirmed payout."},"tickerRelevance":{"others":[],"primary":"KFFB"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"preliminary_dividend_consideration","sectorWeight":"financials","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"dividend","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Kentucky First Federal Bancorp will hold a special Board meeting on July 28, 2026, to consider resuming quarterly dividends on its common stock.\n\nThe Board may declare a dividend of up to $0.10 per share, but it retains the discretion to declare a lower amount or no dividend at all.\n\nThis potential resumption follows a suspension announced in January 2024, with no dividends paid since November 2023. Any declaration is subject to regulatory non-objection from the Federal Reserve Bank of Cleveland and a member vote by First Federal MHC to waive its right to receive up to $0.40 per share in dividends over the subsequent year.","key_figures":{"customDimensions":{"shares_outstanding":8086715,"waiver_cap_per_share":0.4,"max_dividend_per_share":0.1,"first_federal_mhc_ownership_pct":58.5}},"named_entities":{"people":[{"name":"Don D. Jennings","role":"President"},{"name":"Tyler Eades","role":"Vice President"}],"products":[],"companies":[{"name":"Kentucky First Federal Bancorp","ticker":"KFFB","relationship":"filer"},{"name":"First Federal Savings and Loan Association of Hazard","relationship":"subsidiary"},{"name":"First Federal Savings Bank of Kentucky","relationship":"subsidiary"},{"name":"First Federal MHC","relationship":"major shareholder"},{"name":"Federal Reserve Bank of Cleveland","relationship":"regulator"}],"dollarAmounts":[{"amount":"$0.10","context":"maximum proposed quarterly dividend per share"},{"amount":"$0.40","context":"maximum aggregate quarterly dividends waived by First Federal MHC over 12 months"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-29T18:53:59.125Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"preliminary_dividend_consideration","sectorWeight":"financials","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":13889,"modelName":"george-droid-qwen-72b"}}