Broadway Financial Corporation Announces First Quarter Dividend.LOS ANGELES -- Broadway Financial Corporation ("Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BYFC), the holding company of Broadway Federal Bank, f.s.b. ("Bank"), today announced that its Board of Directors has approved the payment of the Company's cash dividend for the first quarter. A dividend of $0.05 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. of the Company's Common Stock will be paid on April 30, 2007 to stockholders of record as of April 9, 2007. Broadway Federal Bank, celebrating its 60th anniversary, is a community-oriented savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , which primarily originates residential and commercial mortgage loans in the greater Los Angeles area The Greater Los Angeles Area, or the Southland, is the agglomeration of urbanized area around the city of Los Angeles, California, United States. There are two "official" definitions—the Los Angeles metropolitan area consisting only of the Los Angeles and Orange . The Bank operates four full service branches, three in the city of Los Angeles
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