First Connecticut Bancorp (FBNK) Raises Quarterly Dividend 9.1% to $0.12; 1.9% Yield

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First Connecticut Bancorp, Inc. Increases Quarterly Dividend

May 23, 2017 3:20 PM EDT

FARMINGTON, Conn., May 23, 2017 (GLOBE NEWSWIRE) -- First Connecticut Bancorp, Inc. (NASDAQ: FBNK) today announced that its Board of Directors has voted to increase its quarterly dividend to $0.12 per share, an increase of $0.01.  In making this announcement, John J. Patrick, Jr., Chairman, President & CEO said, We are pleased to increase our dividend again this quarter and reward our shareholders.  Dividends will be payable on June 12, 2017 to all shareholders of record as of June 2, 2017.

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