Bridge Bancorp (BDGE) Raises Quarterly Dividend 4.3% to $0.24; 3% Yield

Bridge Bancorp (NASDAQ: BDGE) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 4.3% increase from the prior dividend of $0.23.

The dividend will be payable on January 31, 2020, to stockholders of record on January 24, 2020, with an ex-dividend date of January 23, 2020.

The annual yield on the dividend is 3 percent.

Commenting on the quarterly dividend, Kevin O’Connor, President and CEO said, “Our current strong financial position has allowed us to increase the quarterly dividend, while maintaining a conservative payout ratio. Today’s dividend increase reflects our continued focus on driving long-term shareholder value.”

For a dividend history and other dividend-related data on Bridge Bancorp (BDGE) click here.

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