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Clifton Savings Bancorp announces 38th dividend of USD0.06 per share for quarter.

M2 EQUITYBITES-August 1, 2013-Clifton Savings Bancorp announces 38th dividend of USD0.06 per share for quarter(C)2013 M2 COMMUNICATIONS

The board of directors of Clifton Savings Bancorp Inc (Nasdaq GSM:CSBK), the parent company of Clifton Savings Bank, approved a cash dividend of USD0.06 per share for the quarter ended 30 June 2013, the company declared on Wednesday.

The company's 38th dividend will be paid on 30 August 2013, to all shareholders of record including Clifton MHC on 16 August 2013.

Additionally, the company mentioned that historically Clifton MHC has waived receipt of dividends declared by the company, however, as a result of restrictions implemented by the board of governors of the Federal Reserve System, it has been unable to waive its receipt of dividends since the quarter ended 31 March 2012.

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Publication:M2 EquityBites (EQB)
Date:Aug 1, 2013
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