Northeast Community Bancorp, Inc. Announces Quarterly Cash Dividend
WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Northeast Community Bancorp, Inc. (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 February 1, 2014 to stockholders of record as of the close of business on January 10, 2014.
Northeast Community Bancorp, MHC (the MHC), the Companys 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 in Massachusetts and loan production offices in White Plains, New York and Danvers, Massachusetts.
Northeast Community Bancorp, Inc.
Kenneth A. Martinek, 914-684-2500
Chairman and CEO
Source: Northeast Community Bancorp, Inc.Copyright Business Wire 2013