HOMESTEAD FINANCIAL &lt;HFL> UPS CASH DIVIDEND

  Homestead Financial Corp
  said it has increased the dividend on its Class A common shares
  to 6-1/4 cts a share, from five cts prior, while declaring an
  initial dividend on its Class B common stock of 3-3/4 cts a
  share.
      Homestead said the two classes of stock emerged as part of
  its recapitalization plan which also doubled the number of
  authorized common, comprising both classes, to 11 mln shares.
      Homestead said the dividends are payable on April 6, to
  shareholders of record March 20.
      Homestead also said that class b shareholders who want to
  increase their dividends may exchange their shares for an equal
  number of class A shares on or before March 20.
  

