Chicopee Bancorp (CBNK) Raises Quarterly Dividend 12.5% to $0.09; 2% Yield

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Go back to Chicopee Bancorp (CBNK) Raises Quarterly Dividend 12.5% to $0.09; 2% Yield

Chicopee Bancorp, Inc. Reports Fourth Quarter Results and Announces Quarterly Cash Dividend of $0.09 Per Share

January 22, 2016 4:00 PM EST

CHICOPEE, Mass., Jan. 22, 2016 (GLOBE NEWSWIRE) -- Chicopee Bancorp, Inc. (the Company) (NASDAQ: CBNK), the holding company for Chicopee Savings Bank (the Bank), announced the unaudited results of operations for the three and twelve months ended December 31, 2015.

The Company also announced on January 22, 2016, that its Board of Directors declared a $0.01, or 12.5%, increase in the quarterly cash dividend from $0.08 per share to $0.09 per share. Stockholders of record on February 6, 2016 will receive the cash dividend on or about February 20, 2016.

Results of Operations Three Months Ended December 31, 2015 and 2014

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