Legacy Bancorp, Inc. Declares Quarterly Cash Dividend of $0.04 per Common Share
07 June 2007 - 7:00AM
Business Wire
Legacy Bancorp, Inc. (the �Company� or �Legacy�) (NASDAQ: LEGC),
the holding company for Legacy Banks (the �Bank�), today announced
that its Board of Directors has declared a cash dividend of $0.04
per common share. The dividend will be paid on July 2, 2007, to
stockholders of record as of June 20, 2007. Chairman and CEO J.
Williar Dunlaevy stated, �We are pleased to announce our sixth
consecutive quarterly dividend after a little over one year as a
public company. We intend to continue to pay a quarterly dividend,
subject to the Board�s review of earnings, financial condition,
capital and other regulatory and financial considerations.� FORWARD
LOOKING STATEMENTS Certain statements herein constitute
�forward-looking statements� within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are
based on the beliefs and expectations of management, as well as the
assumptions made using information currently available to
management. Since these statements reflect the views of management
concerning future events, these statements involve risks,
uncertainties and assumptions. As a result, actual results may
differ from those contemplated by these statements. Forward-looking
statements can be identified by the fact that they do not relate
strictly to historical or current facts. They often include words
like �believe,� �expect,� �anticipate,� �estimate,� and �intend� or
future or conditional verbs such as �will,� �would,� �should,�
�could� or �may.� Certain factors that could cause actual results
to differ materially from expected results include changes in the
interest rate environment, changes in general economic conditions,
legislative and regulatory changes that adversely affect the
businesses in which Legacy Bancorp is engaged and changes in the
securities market. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this release. The Company disclaims any intent or
obligation to update any forward-looking statements, whether in
response to new information, future events or otherwise.
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