United Financial Bancorp (UBNK) Declares $0.10 Quarterly Dividend; 3.1% Yield
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United Financial Bancorp, Inc. (UBNK) Announces Q2 2014 Dividend for Shareholders
July 16, 2014 4:34 PM EDTGLASTONBURY, Conn., July 16, 2014 (GLOBE NEWSWIRE) -- United Financial Bancorp, Inc. ("United Financial" or the "Company") (Nasdaq: UBNK), the holding company for United Bank (the "Bank"), today announced that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.10 per share to shareholders of record at the close of business on July 28, 2014 and payable on August 4, 2014.
This dividend equates to a 2.97% annualized yield based on the $13.45 average closing price of the Company's common stock in the second quarter of 2014. The Company has now paid dividends for 33 consecutive quarters.
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