Brooklyn Federal Bancorp, Inc. Announces a Quarterly Cash Dividend of $0.11 Per Share

BROOKLYN, N.Y., Jan. 22 /PRNewswire-FirstCall/ -- On January 19, 2010, the Board of Directors of Brooklyn Federal Bancorp, Inc. (Nasdaq: BFSB), the parent company of Brooklyn Federal Savings Bank, approved a cash dividend of $0.11 per share of common stock. The dividend will be paid on February 26, 2010 to stockholders of record as of the close of business on February 12, 2010.

BFS Bancorp, MHC, the federally chartered mutual holding company parent of Brooklyn Federal Bancorp, Inc., has waived its right to receive the dividend.

SOURCE Brooklyn Federal Bancorp, Inc.

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