Wellesley Bancorp (WEBK) Raises Quarterly Dividend 33.3% to $0.04; New CFO Appointed

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Wellesley Bancorp, Inc. Announces Increased Cash Dividend and Appointment of Chief Financial Officer

May 25, 2016 10:00 AM EDT

WELLESLEY, Mass., May 25, 2016 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on May 25, 2016 its Board of Directors approved a quarterly cash dividend to its stockholders of $0.04 per common share, an increase of $0.01 over the prior quarter's dividend, to be paid on June 20, 2016 to stockholders of record as of the close of business on June 6, 2016.... More