Clifton Bancorp (CSBK) Declares $0.06 Quarterly Dividend; 1.5% Yield

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Clifton Bancorp Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended March 31, 2017; Declares Cash Dividend

May 10, 2017 4:15 PM EDT

CLIFTON, N.J.--(BUSINESS WIRE)-- Clifton Bancorp Inc. (Nasdaq: CSBK) (the Company), the holding company for Clifton Savings Bank, today announced results for the quarter and year ended March 31, 2017. Net income for the quarter was $1.25 million ($0.06 per share, basic and diluted) as compared to net income of $878,000 ($0.04 per share, basic and diluted) for the quarter ended March 31, 2016. Net income for the fiscal year ended March 31, 2017 was $4.72 million ($0.21 per share, basic and diluted) as compared to $5.40 million ($0.22 per share, basic and diluted) for fiscal 2016.

The Board of Directors also announced today that... More