Rockville Financial, Inc. (RCKB) Tops Q1 EPS by 1c; Raises Dividend

April 26, 2012 5:21 PM EDT Send to a Friend
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Rockville Financial, Inc. (NASDAQ: RCKB) reported Q1 EPS of $0.13, $0.01 better than the analyst estimate of $0.12.

The Board of Directors voted to increase the cash dividend on the Company's common stock, declaring a dividend of $0.09 per share to shareholders of record at the close of business on April 30, 2012 and payable on May 7, 2012. The dividend is being increased by 13% from the prior dividend of $0.08 per share. This dividend equates to a 3.20% annualized yield based on the $11.25 average closing price of the Company's common stock in the first quarter of 2012. The Company has paid dividends for 24 consecutive quarters. The dividend payout ratio for the quarter ended March 31, 2012 was 61%, and the total shareholder return for the first quarter 2012 including capital appreciation and dividends was 13.24%.

For earnings history and earnings-related data on Rockville Financial, Inc. (RCKB) click here.


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