Wellesley Bancorp (WEBK) Raises Quarterly Dividend 25% to $0.05; 0.7% Yield

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Wellesley Bancorp, Inc. Announces Increased Cash Dividend

May 25, 2017 4:30 PM EDT

WELLESLEY, Mass., May 25, 2017 /PRNewswire/ -- Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding company for Wellesley Bank today announced that on May 24, 2017 its Board of Directors approved a quarterly cash dividend to its stockholders of $0.05 per common share, an increase of $0.01 over the prior quarter's dividend, to be paid on June 21, 2017 to stockholders of record as of the close of business on June 7, 2017.

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