Sussex Bancorp (SBBX) Declares $0.06 Quarterly Dividend; 1% Yield

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Sussex Bancorp Reports a 49% Increase in Net Income for the Third Quarter 2017 and Declared a Cash Dividend

October 30, 2017 4:30 PM EDT

ROCKAWAY, N.J., Oct. 30, 2017 (GLOBE NEWSWIRE) -- Sussex Bancorp (the Company) (Nasdaq: SBBX), the holding company for Sussex Bank (the Bank), today announced a 49.1% increase in net income to $2.0 million, or $0.33 per basic and diluted common share, for the quarter ended September 30, 2017, as compared to $1.3 million, or $0.28 per basic and diluted share, for the same period last year. Also, the Company announced a 29.5% increase in net income or $1.00 per diluted common share for the nine months ended September 30, 2017 as compared to $0.86 for the same period last year.  During the nine months ended September 30,... More