肯塔基第一銀行宣佈季度股息每股0.05美元 主要股東放棄未來12個月股息權利

EX-99.1
2
ea029973001ex99-1.htm
PRESS RELEASE DATED JULY 28, 2026

 

Exhibit 99.1

Kentucky First Federal Bancorp

 

Hazard, Kentucky, Frankfort, Kentucky, Danville, Kentucky and Lancaster,
Kentucky

For Immediate Release July 28, 2026

 
 Contact:
 Don D. Jennings, President, or Tyler Eades, Vice President

 
  
 (502) 223-1638

 
  
 216 West Main Street

 
  
 P.O. Box 535

 
  
 Frankfort, KY 40602

 

 

Kentucky
First Federal Bancorp Board of Directors Announces Declaration of $0.05 Quarterly Dividend

 

Dividend
Declaration Follows Vote by First Federal MHC Members to Waive Receipt of Dividends Paid by Kentucky First Federal Bancorp

 

Kentucky First Federal Bancorp
(Nasdaq: KFFB), the holding company (the “Company” or “Kentucky First”) for First Federal Savings and Loan Association
of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that on July 28, 2026, the members of First Federal
MHC voted to waive First Federal MHC’s right to receive quarterly dividends aggregating up to $0.40 per share declared by Kentucky
First during the next 12-month period. First Federal MHC holds 58.5% of the Company’s outstanding shares of common stock and the
members of First Federal MHC previously approved similar proposals to waive First Federal MHC’s right to receive dividends declared
and paid by the Company from 2012 through 2023.  

 

Kentucky First’s Board
of Directors also announced that its Board declared a cash dividend of $0.05 per share payable on September 21, 2026 to shareholders of
record on August 31, 2026.

 

Forward-Looking Statements

 

This press release may contain statements that are forward-looking,
as that term is defined by the Private Securities Litigation Act of 1995 or the Securities and Exchange Commission in its rules, regulations
and releases. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. These forward-looking
statements may be identified by the use of words such as “believe,” “expect,” “anticipate,” “plan,”
“estimate,” “intend” and “potential,” or words of similar meaning, or future or conditional verbs
such as “should,” “could,” or “may.” Forward-looking statements include statements of our goals, intentions
and expectations; statements regarding our business plans, prospects, growth and operating strategies; statements regarding the quality
of our loan and investment portfolios; and estimates of our risks and future costs and benefits. Kentucky First Federal Bancorp’s
actual results, performance or achievements may materially differ from those expressed or implied in the forward-looking statements. Risks
and uncertainties that could cause or contribute to such material differences include, but are not limited to, general economic conditions;
prices for real estate in the Company’s market areas; the interest rate environment and the impact of the interest rate environment
on our business, financial condition and results of operations; our ability to successfully execute our strategy to increase earnings,
increase core deposits, reduce reliance on higher cost funding sources and shift more of our loan portfolio towards higher-earning loans;
our ability to pay future dividends and if so at what level; our ability to receive any required regulatory approval or non-objection
to pay dividends to shareholders; our ability to pay dividends from First Federal Savings and Loan Association of Hazard and First Federal
Savings Bank of Kentucky to the Company in order for the Company to pay dividends to shareholders; the ability of First Federal MHC to
receive approval of its members to waive the payment of any Company dividends to First Federal MHC; competitive conditions in the financial
services industry; changes in the level of inflation; the impacts of tariffs, sanctions and other trade policies of the United States
and its global trading counterparts; changes in the demand for loans, deposits and other financial services that we provide; the possibility
that future credit losses may be higher than currently expected; competitive pressures among financial services companies; the ability
to attract, develop and retain qualified employees; our ability to maintain the security of our data processing and information technology
systems; the outcome of pending or threatened litigation, or of matters before regulatory agencies; changes in law, governmental policies
and regulations, rapidly changing technology affecting financial services, and the other matters mentioned in Item 1A of the Company’s
Annual Report on Form 10-K for the year ended June 30, 2025. Except as required by applicable law or regulation, the Company does not
undertake the responsibility, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made
to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of
anticipated or unanticipated events.

 

About Kentucky First Federal Bancorp

 

Kentucky First Federal Bancorp is the parent company of First Federal
Savings and Loan Association of Hazard, which operates one banking office in Hazard, Kentucky, and First Federal Savings Bank of Kentucky,
which operates three banking offices in Frankfort, Kentucky, two banking offices in Danville, Kentucky and one banking office in Lancaster,
Kentucky. Kentucky First Federal Bancorp shares are traded on the Nasdaq National Market under the symbol KFFB. At June 30, 2026, the
Company had approximately 8,086,715 shares outstanding of which approximately 58.5% was held by First Federal MHC.