NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
December 19 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 January 24, 2019 to stockholders of record as of
the close of business on January 7, 2019.
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 five full-service
branches in New York and three full-service branches Massachusetts
and a loan production office in New City, New York.
Contact:Kenneth A. MartinekChairman and CEOTelephone:
(914) 684-2500
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