BCB Bancorp (BCBP) Declares $0.14 Quarterly Dividend; 4.1% Yield

April 15, 2021 4:27 PM EDT

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BCB Bancorp (NASDAQ: BCBP) declared a quarterly dividend of $0.14 per share, or $0.56 annualized.

The dividend will be payable on May 24, 2021, to stockholders of record on May 10, 2021, with an ex-dividend date of May 7, 2021.

The annual yield on the dividend is 4.1 percent.

“Our quarterly cash dividend is an important part of building shareholder value, and the Board of Directors is pleased to be able to provide this consistently in spite of the challenges presented by the pandemic. As the country and financial markets continue to recover and the Federal Reserve predicts strong economic growth in the second half of 2021, we believe that the Company is well-positioned to benefit from that growth,” said Thomas Coughlin, President and Chief Executive Officer. At a stock price of $13.40 per share at the close of the market on April 14, 2021, the current dividend equates to a yield of 4.18% on an annualized basis.

“Additionally, we invite our shareholders to review our first quarter earnings release which will be published on April 21, 2021,” added Coughlin.

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

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