GRANDVIEW, Mo., Feb. 27, 2015 /PRNewswire/ -- On February 27, 2015, the Board of Directors (the "Board") of NASB Financial, Inc. (the "Company") (OTCQX: NASB), declared a special cash dividend on common stock of $2.00 per share, which will be paid on March 24, 2015, to stockholders of record March 10, 2015. "NASB's continued strong performance over the past few years has positioned the Company to return excess capital to our shareholders through this special dividend," CEO Paul Thomas said in a statement.
Also on February 27, 2015, the Board declared a quarterly cash dividend on common stock of $0.20 per share, an increase from the previous quarterly dividend of $0.10 per share declared in December 2014. This dividend will be paid on March 27, 2015, to stockholders of record March 13, 2015.
NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. ("NASB"), a regional bank headquartered in Grandview, Missouri. Since 1927, NASB has been serving the financial needs of customers by providing an array of personal banking, investment and lending products in the Kansas City metro area. Nationwide, NASB offers competitive residential and commercial mortgages with the safety and security of a Federal institution. NASB is designated as a Top 100 Mortgage Lender and a Top 25 VA Mortgage Lender by Inside Mortgage Finance, and 97% of customers referred by Lendingtree.com would recommend NASB. For more information, visit nasb.com.
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SOURCE NASB Financial, Inc.
