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UCFC Declares Second-Quarter Dividend
YOUNGSTOWN, Ohio -- United Community Financial Corp, holding company for The Home Savings and Loan Co. and Butler Wick Corp., today declared a second quarter dividend of 7.5 cents per share. The dividend is payable June 15 to shareholders of record May 31.Since its birth nearly six years ago, UCFC, based in Youngstown, has returned to shareholders more than $81 million in dividends and stock appreciation, Douglas M. McKay, president, chairman and chief executive officer, told shareholders at its annual meeting April 29. READ STORYShareholders who participated in its initial public offering also have enjoyed a 411% compounded return on their investment, including a 35% rate of return in 2003, its treasurer and chief financial officer, Patrick A. Kelly, said.Home Savings, based in Youngstown, operates 35 banking offices and five loan production offices in northern Ohio and western pennsylvania.Butler Wick has 13 locations that provide retail brokerage, capital markets and trust services. Visit United Community Financial Corp. at www.ucfconline.com"