Meridian Interstate Bancorp (EBSB) Raises Quarterly Dividend 25% to $0.05; 1% Yield
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Meridian Bancorp, Inc. Announces 25% Increase in Quarterly Dividend
December 1, 2017 4:15 PM ESTBOSTON, Dec. 01, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Meridian Bancorp, Inc. (the Company) (NASDAQ: EBSB), the holding company for East Boston Savings Bank, today declared a quarterly cash dividend of $0.05 per common share, an increase of $0.01 per common share, or 25%, payable on January 2, 2018Â to stockholders of record at the close of business on December 19, 2017.
Richard J. Gavegnano, Chairman, President and Chief Executive Officer of the Company, said, This 25% increase in our quarterly dividend results from the continued strength of our... More
