IF Bancorp (IROQ) will raise its quarterly dividend to $0.10 per share.

The dividend will be paid on or about October 20, 2017, to stockholders of record as of the close of business on September 25, 2017.

“We are pleased to continue paying a cash dividend to our shareholders,” said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company. “The payment of dividends represents our long-term commitment to enhancing shareholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financial position and other conditions continue to allow such payment.”

IF Bancorp, Inc. is the holding company for Iroquois Federal Savings and Loan Association. The Company is primarily engaged in the business of directing, planning and coordinating the business activities of Iroquois Federal. Iroquois Federal Savings and Loan Association offers retail and commercial lending and deposit services.