First Connecticut Bancorp, Inc. Increases Quarterly Dividend to $0.17
23 May 2018 - 6:19AM
First Connecticut Bancorp, Inc. (NASDAQ:FBNK) announced that its
Board of Directors has voted to increase its quarterly dividend to
$0.17 per share, an increase of $0.01. In making this announcement,
John J. Patrick, Jr. Chairman, President, & CEO said, “We are
pleased to increase our dividend again and reward our
shareholders”. Dividends will be payable on June 11, 2018 to
all shareholders of record as of June 1, 2018.
First Connecticut Bancorp, Inc. is the holding company for
Farmington Bank, a full-service community bank with 25 branch
locations throughout central Connecticut and western Massachusetts,
offering commercial and residential lending as well as wealth
management services. Established in 1851, Farmington Bank is a
diversified consumer and commercial bank with an ongoing commitment
to contribute to the betterment of the communities in our region.
Farmington Bank has assets of $3.1 billion. For more information
about Farmington Bank, visit farmingtonbankct.com. The First
Connecticut Bancorp, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=11128
Forward Looking Statements This press release may
contain certain forward-looking statements about the Company.
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 may or may not
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 its
subsidiaries are engaged.
CONTACT:
Jennifer H. DaukasSVP, Investor Relations OfficerOne Farm Glen
Boulevard, Farmington, CT 06032P 860-284-6359 | F
860-409-3316jdaukas@farmingtonbankct.com farmingtonbankct.com
Source: First Connecticut Bancorp, Inc.
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