Bank announces cash dividend of 10 cents

JUNEAU - Alaska Pacific Bancshares announced Thursday that its board of directors declared a quarterly cash dividend of $0.10 per share on the corporation's outstanding common stock.

A cash dividend has been paid each quarter since the company's initial public offering in mid-1999. The cash dividend will be payable on Aug. 18 to stockholders of record as of the close of business on Aug. 8.

Alaska Pacific Bancshares is the holding company for Alaska Pacific Bank, a federally chartered savings bank headquartered in Juneau, Alaska, and is traded under the symbol AKPB.