RIVERSIDE, Calif., April 28, 2022 (GLOBE NEWSWIRE) — Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company of Provident Savings Bank, FSB, today announced that the Board of The Company’s directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the common shares of the Company at the close of business on May 19, 2022 will be entitled to receive the dividend in cash. The cash dividend will be paid on June 9, 2022.

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Certain matters contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to, among other things, expectations of the business environment in which the company operates, projections future performance, perceived market opportunities, potential future credit experience and statements regarding the Company’s mission and vision. These forward-looking statements are based on management’s current expectations and may, therefore, involve risks and uncertainties. The Company’s actual results, performance or achievements may differ materially from those suggested, expressed or implied by the forward-looking statements due to a wide variety of factors, including, but not limited to, the business environment. general, interest rates, the California real estate market, conditions of competition between banks and non-bank financial service providers, regulatory changes and other risks detailed in the company’s reports filed with the Securities and Exchange Commission, including including its annual report on Form 10-K for the fiscal year ended June 30, 2021.