Fidelity D & D Bancorp, Inc. Fourth Quarter 2019 Dividend increased 8%
2019年11月7日 - 4:07AM
The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ:
FDBC), parent company of The Fidelity Deposit and Discount Bank,
announce their declaration of the Company’s fourth quarter dividend
of $0.28 per share, an 8% increase above the prior quarterly cash
dividend of $0.26 per share.
“This cash dividend increase demonstrates the Board of
Director’s and the Fidelity Bankers’ commitment to sustainably
increasing shareholder value,” stated Daniel J. Santaniello,
President and Chief Executive Officer. “We are proud to
announce a dividend increase for the fifth consecutive year, while
continuing investment back into the Company in a meaningful way
that drives profitable growth.”
The cash dividend of $0.28 per share is payable December 10,
2019 to shareholders of record at the close of business on November
20, 2019.
Fidelity D & D Bancorp, Inc. serves Lackawanna and Luzerne
Counties through The Fidelity Deposit and Discount Bank’s twelve
community banking offices.
For more information visit our investor relations web site
through www.bankatfidelity.com.
This press release may contain forward-looking statements as
defined in the Private Securities Litigation Reform Act of
1995. Actual results and trends could differ materially from
those set forth in such statements due to various factors.
These factors include the possibility that increased demand or
prices for the company’s financial services and products may not
occur, changing economic, interest rate and competitive conditions,
technological developments and other risks and uncertainties,
including those detailed in the company’s filings with the
Securities and Exchange Commission. |
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Contacts: |
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Daniel J.
Santaniello |
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Salvatore R.
DeFrancesco, Jr. |
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President and Chief Executive Officer |
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Treasurer and Chief Financial Officer |
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570-504-8035 |
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570-504-8000 |
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