NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
March 22 2018 - 3:00PM
NorthEast Community Bancorp, Inc. (OTCPX:NECB) (the “Company”)
today announced that its Board of Directors declared a quarterly
cash dividend of $0.03 per common share. The dividend will be
paid on or about May 1, 2018 to stockholders of record as of the
close of business on April 6, 2018.
NorthEast Community Bancorp, MHC (the “MHC”),
the Company’s majority stockholder, having previously received the
requisite regulatory non-objection, has determined to waive receipt
of the quarterly
dividend.
NorthEast Community Bancorp, Inc. is the holding company for
NorthEast Community Bank. NorthEast Community Bank is a New
York State chartered savings bank that operates four full-service
branches in New York and three full-service branches in
Massachusetts and loan production offices in White Plains, New
York, New City, New York and Danvers, Massachusetts.
Contact:Kenneth A. MartinekChairman and CEOTelephone:
(914) 684-2500
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