Prudential Bancorp (PBIP) Raises Quarterly Dividend 40% to $0.07; 1.6% Yield
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Prudential Bancorp, Inc. Announces Increased Quarterly Cash Dividend
November 20, 2019 4:30 PM ESTPHILADELPHIA, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the Company) (Nasdaq: PBIP) announced that its Board of Directors, at a meeting held today, declared a cash dividend of $0.07 per share on the common stock of the Company, representing a $0.02 increase from our previous regular quarterly dividend. This dividend will be paid on December 20, 2019 to the shareholders of record at the close of business on December 6, 2019. Â
Dennis Pollack, President and CEO, commented, The 40% increase in our regular dividend is indicative of our continued commitment to enhance shareholder value and reflects one of our... More
