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NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50%
TBBKThe Bancorp(TBBK) ZACKS·2024-09-21 00:11

NorthEast Community Bancorp, Inc. (NECB) announced a quarterly cash dividend of 15 cents per share. This reflects a 50% hike from the prior payout. Besides this, the company also announced a special cash dividend of 15 cents per share. Both dividends will be paid out on Nov. 6, 2024, to shareholders of record as of Oct 4. Prior to the latest hike, the bank increased its dividend by 66.7% to 10 cents per share this March. Based on its closing price of $23.24 as of Sept. 19, NECB's current dividend yield is 2 ...