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Charter Financial Declares Increased Quarterly Cash Dividend

WEST POINT, Ga., Jan. 24, 2017 (GLOBE NEWSWIRE) -- Charter Financial Corporation (NASDAQ:CHFN) today announced that its board of directors has declared an increased quarterly cash dividend of $0.06 per share, up from the $0.055 per share dividend declared during the previous quarter and the $0.05 per share dividend declared the prior 14 quarters. The dividend is payable on February 24, 2017, to stockholders of record as of February 10, 2017.

Charter Financial Corporation is a savings and loan holding company and the parent company of CharterBank, a full-service community bank and a federal savings institution. CharterBank is headquartered in West Point, Georgia, and operates branches in Metro Atlanta, the I-85 corridor south to Auburn, Alabama, and the Florida Gulf Coast. CharterBank's deposits are insured by the Federal Deposit Insurance Corporation. Investors may obtain additional information about Charter Financial Corporation and CharterBank on the internet at www.charterbk.com under About Us.

Contact: Robert L. Johnson, Chairman & CEO Curt Kollar, CFO 706-645-1391 bjohnson@charterbank.net or ckollar@charterbank.net Dresner Corporate Services Steve Carr 312-780-7211 scarr@dresnerco.com

Source:Charter Financial Corporation