Two River Bancorp (TRCB) Raises Quarterly Dividend 27.3% to $0.07; 0.5% Yield

Two River Bancorp (NASDAQ: TRCB) declared a quarterly dividend of $0.07 per share. This is a 27.3% increase from the prior dividend of $0.055.

The dividend will be payable on May 30, 2019, to stockholders of record on May 10, 2019, with an ex-dividend date of May 31, 2019.

The annual yield on the dividend is 0.5 percent.

Mr. William D. Moss, Chairman, President and CEO, stated, “We were pleased to both increase our dividend and accelerate the timing of this increase from our usual practice, as the Company had historically raised its dividend in the third quarter. The Company’s strong balance sheet and operating performance have allowed us to reward investors for their continued support with a higher dividend again this year, and underscores our confidence in continuing to deliver increases in earnings over the long-term.”

For a dividend history and other dividend-related data on Two River Bancorp (TRCB) click here.

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