SAN FRANCISCO (Thomson Financial) - Westfield Financial Inc. on Wednesday
reported third-quarter net earnings of
of $2.17 million, or 7 cents a share, up from $874,000, or 3 cents a share, in
the year-ago period.
The Westfield, Mass.-based bank holding company for Westfield Bank said net
interest and dividend income rose to $7.58 million from $5.54 million.
The company also declared a special cash dividend of 20 cents a share, along
with its regular cash dividend of 5 cents a share.
Both the dividends are payable Nov. 20 to shareholders of record as of Nov.
7.
Westfield shares fell 1 cent to $9.78.
Gabriel Madway
gm/vj
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