Meridian Interstate Bancorp (EBSB) Raises Quarterly Dividend 33.3% to $0.04; 0.8% Yield
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Meridian Bancorp, Inc. Announces 33% Increase in Quarterly Dividend
March 2, 2017 4:15 PM ESTBOSTON, March 02, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Meridian Bancorp, Inc. (the Company) (NASDAQ: EBSB), the holding company for East Boston Savings Bank, today declared a quarterly cash dividend of $0.04 per common share, an increase of $0.01 per common share or 33%, payable on April 4, 2017Â to stockholders of record at the close of business on March 21, 2017.
Richard J. Gavegnano, Chairman, President and Chief Executive Officer of the Company, said, This 33% increase in our quarterly dividend is consistent with our goal of increasing... More
