Item 1A. Risk Factors
ITEM 1A. Risk Factors
Please see “Item 1A. Risk Factors”
of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023 for information regarding risk factors that could
materially affect the Company’s business, financial condition, or future results of operations. Other than as set forth below,
there have been changes with regard to the risk factors disclosed in “Item 1A. Risk Factors” of the Company’s Annual
Report on Form 10-K for the year ended December June 30, 2023.
On January 16,
2024, the company announced the suspension of quarterly dividends indefinitely. The suspension of our quarterly cash dividend could have
an adverse impact on the market price of our common stock.
Holders of our common stock are only entitled to receive such dividends as our Board of Directors may declare
out of funds available for such payments under applicable law and regulatory guidance. Although we have historically declared cash dividends
on our common stock, we are not required to do so, and on January 16, 2024, the Company announced the suspension of quarterly dividends
indefinitely. We cannot predict when or whether the Company will be able to pay future common stock dividends and if so, the amount of
any such common stock dividends. The suspension of our common stock dividend could adversely affect the market price of our common stock.
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Kentucky First Federal
Bancorp
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