Sandy Spring Bancorp Increases Quarterly Dividend

April 26, 2018 7:00 AM EDT

OLNEY, Md., April 26, 2018 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq: SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.28 per share payable on May 16, 2018, to shareholders of record on May 9, 2018. This dividend is a $0.02 increase over the dividend paid in the first quarter of 2018 and the second quarter of 2017.

About Sandy Spring Bancorp, Inc./Sandy Spring Bank

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank. Independent and community-oriented, Sandy Spring Bank offers a broad range of commercial banking, retail banking, mortgage and trust services throughout central Maryland, Northern Virginia, and the greater Washington, D.C. market. Through its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of insurance and wealth management services. Visit www.sandyspringbank.com for more information.

For additional information or questions, please contact:Daniel J. Schrider, President & Chief Executive Officer, orPhilip J. Mantua, Executive V.P. & Chief Financial OfficerSandy Spring Bancorp17801 Georgia AvenueOlney, Maryland 208321-800-399-5919E-mail: [email protected]           [email protected]            Website: www.sandyspringbank.com 

Media Contact:Jen Schell Sandy Spring Bank 301-570-8331 [email protected]

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Source: Sandy Spring Bancorp, Inc.


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