4
UNITED STATES
SECURITITES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 5, 2002
Broadway Financial Corporation
(Exact name of registrant as specified in its charter)
Delaware 95-4547287
(State of Incorporation) (IRS Employer Identification No.)
4800 Wilshire Boulevard, Los Angeles, California 90010
(Address of Principal Executive Offices)
(323) 634-1700
(Issuer's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Item 5. Other Events
See Press Release on announcement of stock split and increase in
cash dividend.
Item 7. Financial Statements and Exhibits
(c) Exhibits
See Exhibit Index included herewith
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BROADWAY FINANCIAL CORPORATION
------------------------------
(Registrant)
Date: November 5, 2002 /s/ Alvin D. Kang
----------------------------------
(Signature)
Name: Alvin D. Kang
Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Exhibit Page No.
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99.1 Press Release 4
News Release
FOR IMMEDIATE RELEASE Contact: Paul C. Hudson, President/CEO
Alvin D. Kang, CFO
(323) 634-1700
www.broadwayfed.com
BROADWAY FINANCIAL CORPORATION ANNOUNCES
STOCK SPLIT AND INCREASE IN CASH DIVIDEND
LOS ANGELES, CA - (BUSINESS WIRE) - November 5, 2002 - Broadway Financial
Corporation ("Company") (NASDAQ Small-Cap: BYFC), the holding company of
Broadway Federal Bank, f.s.b. ("Bank"), today announced a two-for-one stock
split in the form of a stock dividend on each outstanding share of common stock.
The dividend will be payable on November 30, 2002 to stockholders of record as
of November 15, 2002.
The Company also announced its intention to increase the quarterly cash dividend
on its common stock from $0.05 per share to $0.075 per share. The record date
and the payment date for the next quarterly dividend have not been determined.
The Bank is a community-oriented savings bank, which primarily originates
residential mortgage loans and accepts deposits in the geographic areas known as
Mid-City and South Central Los Angeles. The Bank operates four full service
branches, three in the city of Los Angeles, and one in the nearby city of
Inglewood, California.
Shareholders, analysts and others seeking information about the Company or the
Bank are invited to write to: Broadway Financial Corporation, Investor
Relations, 4800 Wilshire Blvd., Los Angeles, CA 90010, or visit our website at
www.broadwayfed.com.