Brookline Bancorp, Inc. (BRKL) Raises Quarterly Dividend 5% to $0.105; 2.9% Yield

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Brookline Bancorp Announces Third Quarter Results; Record Net Income of $22.5 million, EPS of $0.28; Quarterly Dividend Increase of 5.0%

October 24, 2018 4:05 PM EDT

BOSTON, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the Company) today announced net income of $22.5 million, or $0.28 per basic and diluted share, for the third quarter of 2018, compared to $20.8 million, or $0.26 per basic and diluted share, for the second quarter of 2018, and $15.4 million, or $0.20 per basic and diluted share, for the third quarter of 2017.

Paul Perrault, President and Chief Executive Officer of the Company, commented on the third quarter earnings, We are pleased to report earnings of $22.5 million for the third quarter of 2018 representing $0.28 per share.... More