First Connecticut Bancorp (FBNK) Raises Quarterly Dividend 25% to $0.05; 1.3% Yield

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Go back to First Connecticut Bancorp (FBNK) Raises Quarterly Dividend 25% to $0.05; 1.3% Yield

First Connecticut Bancorp, Inc. Increases Quarterly Dividend

August 26, 2014 2:19 PM EDT

FARMINGTON, Conn., Aug. 26, 2014 (GLOBE NEWSWIRE) -- First Connecticut Bancorp, Inc. (Nasdaq: FBNK) today announced that its Board of Directors has voted to increase its quarterly dividend to $0.05 per share, an increase of $0.01. In making this announcement, John J. Patrick, Jr., Chairman, President & CEO said, "We are pleased to increase our dividend for the second consecutive quarter and reward our shareholders due to our continued positive earnings momentum." Dividends will be payable on September 15,... More