OLYMPIA, Wash., June 20 /PRNewswire-FirstCall/ -- HERITAGE FINANCIAL CORPORATION , The Board of Directors of Heritage Financial Corporation, parent company of Heritage Bank and Central Valley Bank, today declared a cash dividend of 20.0 cents per share payable on July 31, 2006 to shareholders of record on July 17, 2006.
The declared cash dividend is the thirty-fourth consecutive quarterly dividend to be paid since a second step conversion was completed on January 8, 1998 and the Company's stock began trading on the Nasdaq National Market on January 9, 1998. It is also the thirty-third consecutive quarterly increase of one-half cent per share. A dividend of 19.5 cents per share was paid in April 2006.
Heritage Financial Corporation is an $800 million bank holding company headquartered in Olympia, Washington. The Company operates two community banks, Heritage Bank and Central Valley Bank. Heritage Bank serves Pierce, Thurston, Mason and South King Counties in the South Puget Sound region of Washington through its fourteen full service banking offices and its Online Banking Website http://www.heritagebankwa.com/. Central Valley Bank serves Yakima and Kittitas Counties in central Washington through its six full service banking offices and its Online Banking Website http://www.cvbankwa.com/.
Additional information about Heritage Financial Corporation is available on its Internet Website http://www.hf-wa.com/.