Blue Hills Bancorp (BHBK) Raises Quarterly Dividend 200% to $0.15; 3.3% Yield

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Go back to Blue Hills Bancorp (BHBK) Raises Quarterly Dividend 200% to $0.15; 3.3% Yield

Blue Hills Bancorp, Inc. Declares Quarterly Cash Dividend

September 6, 2017 8:00 AM EDT

NORWOOD, Mass., Sept. 06, 2017 (GLOBE NEWSWIRE) -- Blue Hills Bancorp, Inc. (NASDAQ: BHBK) announced that its Board of Directors voted to increase the regular quarterly cash dividend to $0.15 per share from $0.05 per share.  The dividend will be payable on October 4, 2017 to stockholders of record as of September 20, 2017.

William Parent, President and Chief Executive Officer of Blue Hills Bancorp, said, The decision to triple our regular quarterly cash dividend was taken after a careful review of the options available to us for deploying what continues to be a significant amount of excess capital.  Due... More