Two River Bancorp (TRCB) Raises Quarterly Dividend 14.3% to $0.04; 1.4% Yield

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Go back to Two River Bancorp (TRCB) Raises Quarterly Dividend 14.3% to $0.04; 1.4% Yield

Two River Bancorp Increases Its Quarterly Dividend by 14% to $0.04 Per Share

July 21, 2016 8:03 AM EDT

TINTON FALLS, N.J., July 21, 2016 (GLOBE NEWSWIRE) -- Two River Bancorp (Nasdaq: TRCB) (the "Company"), the parent company of Two River Community Bank ("the Bank"), today announced that the Board of Directors approved a 14.3% increase in its cash dividend, raising the quarterly amount to $0.04 per share of the Company's common stock for an annualized amount of $0.16 per share. This increase compares to the second quarter dividend of $0.035 per share, or an annualized amount of $0.14 per share. The third quarter dividend will be paid on August 30, 2016 to... More