Beneficial Mutual Bancorp (BNCL) Declares $0.06 Quarterly Dividend; 1.5% Yield
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Beneficial Bancorp, Inc. Announces First Quarter Results and Cash Dividend to Shareholders
April 21, 2017 7:30 AM EDTPHILADELPHIA, April 21, 2017 (GLOBE NEWSWIRE) -- Beneficial Bancorp, Inc. (Beneficial) (NASDAQ: BNCL), the parent company of Beneficial Bank (the Bank), today announced its financial results for the quarter ended March 31, 2017. Beneficial recorded net income of $8.4 million, or $0.11 per diluted share, for the quarter ended March 31, 2017 compared to net income of $5.0 million, or $0.07 per diluted share, for the quarter ended March 31, 2016.
On April 20, 2017, Beneficial declared a cash dividend of 6 cents per share, payable on or after May 11, 2017, to common shareholders of record at the close of business on May 1, 2017.
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