NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
September 24 2015 - 4:00PM
NorthEast Community Bancorp, Inc. (NASDAQ: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 November 2, 2015 to stockholders of record as of
the close of business on October 9, 2015.
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 four full-service branches Massachusetts
and loan production offices in White Plains, New York, New City,
New York and Danvers, Massachusetts.
Contact:
Kenneth A. Martinek
Chairman and CEO
Telephone: (914) 684-2500