OLYMPIA, Wash., March 23 /PRNewswire-FirstCall/ -- HERITAGE FINANCIAL
CORPORATION (Nasdaq: HFWA), The Board of Directors of Heritage Financial
Corporation, parent company of Heritage Bank and Central Valley Bank, today
declared a cash dividend of 19.5 cents per share payable on April 28, 2006 to
shareholders of record on April 17, 2006.
The declared cash dividend is the thirty-third consecutive quarterly
dividend to be paid since a second step conversion was completed on
January 8, 1998 and the Company's stock began trading on the Nasdaq National
Market on January 9, 1998. It is also the thirty-second consecutive quarterly
increase of one-half cent per share. A dividend of 19.0 cents per share was
paid in January 2006.
Heritage Financial Corporation is a $750 million bank holding company
headquartered in Olympia, Washington. The Company operates two community
banks, Heritage Bank and Central Valley Bank. Heritage Bank serves Pierce,
Thurston, and Mason Counties in the South Puget Sound region of Washington
through its thirteen full service banking offices and its Online Banking
Website www.HeritageBankWA.com. Central Valley Bank serves Yakima and Kittitas
Counties in central Washington through its six full service banking offices
and its Online Banking Website www.CVBankWA.com.
Additional information about Heritage Financial Corporation is available
on its Internet Website www.HF-WA.com.
SOURCE Heritage Financial Corporation
-0- 03/23/2006
/CONTACT: Donald V. Rhodes, Chairman and Chief Executive Officer of
Heritage Financial Corporation, +1-360-943-1500/
/Web site: http://www.HF-WA.com /
/Web site: http://www.CVBankWA.com /
/Web site: http://www.HeritageBankWA.com /
(HFWA)
CO: Heritage Financial Corporation
ST: Washington
IN: FIN
SU: DIV
AF-KA
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8123 03/23/200614:50 ESThttp://www.prnewswire.com