Bank of Princeton (BPRN) Raises Quarterly Dividend 50% to $0.18; 2.8% Yield
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The Bank of Princeton Announces A 50% Increase in the Quarterly Cash Dividend
April 21, 2021 4:20 PM EDTPRINCETON, N.J., April 21, 2021 /PRNewswire/ -- The Bank of Princeton (the "Bank") (NASDAQ: BPRN) announced that its Board of Directors, at a meeting held on April 21, 2021, declared a cash dividend of $0.18 per share of the common stock of the Bank, representing a $0.06, or 50%, increase from our previous regular quarterly dividend. This dividend will be paid on May 28, 2021 to shareholders of record at the close of business on May 7, 2021. "This 50% in our quarterly dividend is indicative of our Board of Director's commitment in providing a return to shareholders", stated Edward Dietzler, President and CEO.Â
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