WELLESLEY, Mass., Aug. 28, 2019 /PRNewswire/ -- Wellesley Bancorp,
Inc. (Nasdaq Capital Market: WEBK) (the "Company"), the holding
company for Wellesley Bank today
announced that on August 28, 2019,
its Board of Directors approved a quarterly cash dividend to its
stockholders of $0.06 per common
share to be paid on September 25,
2019 to stockholders of record as of the close of business
on September 11, 2019.
About Wellesley Bancorp
Wellesley Bank and its
wholly-owned wealth management company, Wellesley Investment
Partners, LLC, are subsidiaries of Wellesley Bancorp, Inc.
Wellesley Bank provides personal,
customized, premier banking services to successful people,
families, businesses and Non-profit organizations. The bank
has six full-service banking offices in Wellesley, Newton and Boston. Wellesley Investment
Partners, a subsidiary of Wellesley
Bank, provides wealth management services to individuals and
families, private foundations and endowments. Wellesley Bank has been serving the Greater Boston Area for over 105 years.
Forward Looking Statements
This press release
contains certain forward-looking statements about the Company and
the Bank. Forward-looking statements include statements
regarding anticipated future events and can be identified by the
fact that they do not relate strictly to historical or current
facts. They often include words such as "believe," "expect,"
"anticipate," "estimate," and "intend" or future or conditional
verbs such as "will," "would," "should," "could," or "may."
Forward-looking statements, by their nature, are subject to risks
and uncertainties. Certain factors that could cause actual
results to differ materially from expected results include
increased competitive pressures, changes in the interest rate
environment, general economic conditions or conditions within the
securities markets, and legislative and regulatory changes that
could adversely affect the business in which the Company and the
Bank are engaged.
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SOURCE Wellesley Bancorp, Inc.
