Provident Financial Holdings, Inc. announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, reflecting a 40% increase from the $0.05 per share paid on December 11, 2012. Shareholders of the Company's common stock at the close of business on February 13, 2013 will be entitled to receive the cash dividend. The cash dividend will be payable on March 5, 2013.