OREANDA-NEWS. Charter Financial Corporation (NASDAQ:CHFN) today announced that its board of directors has declared an increased quarterly cash dividend of $0.055 per share, up from the $0.05 per share dividend declared the previous 14 quarters. The dividend is payable on November 22, 2016, to stockholders of record as of November 10, 2016.

Charter Financial Corporation is a savings and loan holding company and the parent company of CharterBank, a full-service community bank and a federal savings institution. CharterBank is headquartered in West Point, Georgia, and operates branches in Metro Atlanta, the I-85 corridor south to Auburn, Alabama, and the Florida Gulf Coast. CharterBank's deposits are insured by the Federal Deposit Insurance Corporation.