MIAMI -- CSF Holdings Inc., parent of Citizens Federal Bank of Miami, declared a 5-for-4 stock split in the form of a 25% stock dividend on its Class B common stock.
The payout will be made June 29 to stockholders of record June 12. The company has 2.95 million Class B common shares outstanding. They are traded on the Nasdaq national market system.
CSF Holding recently announced it had earned a record $10.1 million, or $3.06 a share, in the first quarter, after preferred stock dividends.