FORT DODGE, Iowa, Feb. 23 /PRNewswire-FirstCall/ -- David M. Bradley, Chairman, President and Chief Executive Officer of North Central Bancshares, Inc. (the "Company") announced today that the Company declared a regular quarterly cash dividend of $0.35 per share on the Company's common stock for the fiscal quarter ended March 31, 2007. This amount is an increase of 6.1% compared to the previous dividend rate. The dividend will be payable to all stockholders of record as of March 15, 2007 and will be paid on April 5, 2007.
Since 1997, North Central Bancshares annual dividends have increased from $0.25 per share to $1.40 per share, an increase of 460%.
North Central Bancshares, Inc. serves north central and southeastern Iowa at 11 full service locations in Fort Dodge, Nevada, Ames, Perry, Ankeny, Clive, West Des Moines, Burlington and Mount Pleasant, Iowa through its wholly-owned subsidiary, First Federal Savings Bank of Iowa, headquartered in Fort Dodge, Iowa. The Bank's deposits are insured by the Federal Deposit Insurance Corporation. The Company's stock is traded on The Nasdaq Global Market under the symbol "FFFD".