Georgetown Bancorp (GTWN) Raises Quarterly Dividend 11.8% to $0.0475; 2.4% Yield
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Georgetown Bancorp, Inc. Reports Earnings and Announces Increase in Quarterly Cash Dividend
April 28, 2015 11:30 AM EDTGEORGETOWN, Mass.--(BUSINESS WIRE)-- Georgetown Bancorp, Inc. (NASDAQ: GTWN) (the Company), holding company for Georgetown Bank (the Bank), reported net income for the three months ended March 31, 2015 of $250,000, or $0.14 per basic and diluted share, compared to net income of $275,000, or $0.16 per basic and diluted share, for the three months ended March 31, 2014.
Robert E. Balletto, President and Chief Executive Officer, said, In accordance with our strategic plan, I am pleased to report that the Company had a $6.4 million, or 5% increase in core deposits during the quarter ended March 31, 2015. Additionally, our asset quality continues to be... More
