Cheviot Financial Corp. Increases Dividend

CHEVIOT, Ohio, Feb. 16, 2011 /PRNewswire/ -- Cheviot Financial Corp. (Nasdaq: CHEV), holding company of Cheviot Savings Bank, has declared its dividend for the 1st Quarter of 2011.  The Company will pay a dividend of $0.12 per share to stockholders of record March 15, 2011.  The dividend will be paid March 31, 2011.  This is the seventh consecutive year that Cheviot Financial Corp. has increased its dividend.  

Cheviot MHC, the Company's mutual holding company parent, will waive receipt of the dividend.

Cheviot Financial Corp. is traded on the NASDAQ under the symbol CHEV.

SOURCE Cheviot Financial Corp.

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